Suppose a country imports televisions. The country's supply and demand curves are shown in the accompanying graph, along with the initial world price of $2. Suppose the world price of televisions increases, though not by so much as to eliminate all imports. Show this on the diagram. 1.) Using the line drawing tool, draw a new line that represents a world price that has increased but does not eliminate imports. Label your line 'New'. 2.) Using the point drawing tool, label the point that represents the quantity demanded at the new world price. Label your line 'QD'. 3.) Using the point drawing tool, label the point that represents the quantity supplied at the new world price. Label your line 'QS'. Carefully follow the instructions above and only draw the required objects. Price ($) Quantity (in millions)