Suppose your country imports wheat. The world price of wheat rises from P, to P, and your country continues to import wheat. 1.) Using the line drawing tool, draw the original price line for wheat, P,. Properly label your line. 2.) Using the line drawing tool, draw the new price line for wheat, P,. Properly label your line. Carefully follow the instructions above and only draw the required objects. Using Figure 1 on the right, answer the following questions. When the price increased, imports decreased ' Consumer surplus decreased by -C- D'. (Enter your response as an expression, for example A + B-C.) Producer surplus I:| by I: (Enter your response as an expression, for example A+ B-C.) Social surplus ':I by |:| (Enter your response as an expression, for example A + B decreased increased Market for Wheat Price Quantity Market for Wheat Supply Suppose your country imports wheat. The world price of wheat rises from P, to P, and your country continues to import wheat. 1.) Using the line drawing tool, draw the original price line for wheat, P,. Properly label your line. 2.) Using the line drawing tool, draw the new price line for wheat, P,. Properly label your line. Carefully follow the instructions above and only draw the required objects. Using Figure 1 on the right, answer the following questions. When the price increased, imports decreased ' Consumer surplus decreased by -C- B (Enter your response as an expression, for example A + B- C.) Producer surplus |:| by |:| (Enter your response as an expression, for example A+ B-C Social surplus Ir your response as an expression, for example A + B-C increased decreased Quantity Market for Wheat Supply Demand Quantity Figure 1