The following table summarizes two hypothetical situations in the U.K. market for cars. The first column depicts the situation with a 10,000 U.K. tariff on imported cars. The second column represents the situation with no tariff (free trade). Assume that transportation costs are zero and that demand and supply curves are linear. World price of a car Tariff per unit Price of a car in the U.K. Cars bought in U.K./year Cars made in U.K./year Cars imported into U.K./year (a) (b) (c) (d) (e) With 10,000 Tariff 20,000 10,000 30,000 50,000 25,000 25,000 Free Trade 20,500 0 20,500 60,000 20,000 40,000 Represent the tariff's effects in a graph, showing the free-trade equilibrium and the tariff equilibrium in terms of consumption, domestic production, imports, and domestic and world prices. (6 marks) Estimate the loss of domestic consumer surplus from imposition of the tariff. (3 marks) Estimate the gain to domestic cars producers from imposition of the tariff. (3 marks) Estimate the revenue gain to the domestic government from imposition of the tariff. (3 marks) Estimate the net effect on the welfare of U.K. residents from imposition of the Photsharks) car tariff.