Suppose the United States imposes an import quota on Japanese cars. Adjust the following graph to show the effect of the import quota on Japanese cars on the market for Japanese cars in the United States. (Note: Click and drag one or both of the curves. Curves will snap into position, so if you try to move the curve and it snaps back to its original position, just try again and drag it a little farther.) The market for Japanese cars in the United States O Supply Demand O Supply PRICE Demand QUANTITY (Japanese cars) Adjust the following graph to show the effect of the quota on Japanese cars on the market for domestic cars in the United States. (Note: Assume Japanese cars are substitutes for domestic cars.) (?) The market for domestic cars in the United States Supply Demand Supply PRICE Demand QUANTITY (Domestic cars) True or False: An import quota on Japanese cars decreases both the price and quantity of Japanese cars sold in the United States. At the same time, the price and quantity demanded of American-made cars increases. O False True