Question 4 Below, you are provided with the American demand and supply curves for wireless earbuds. Use this diagram to answer all parts of this question. 10 20 30 40 =] &0 70 Quantity of Wireless Earbmds fnpairs) Part (i): Suppose that the world price of a pair of wireless earbuds is $80. How many pairs of wireless earbuds will American producers sell? How many pairs of wireless earbuds will American producers export abroad? Part (ii): Suppose that the world price of a pair of wireless earbuds is 580. How much consumer surplus do American consumers enjoy? How much producer surplus do American producers enjoy? Part (iii): Suppose that the world price of a pair of wireless earbuds is 5100. How many pairs of wireless earbuds will American producers sell? How many pairs of wireless earbuds will American producers export abroad? Part (iv): Suppose that the world price of a pair of wireless earbuds is $100. How much consumer surplus do American consumers enjoy? How much producer surplus do American producers enjoy