3. Variable levies The following graph shows the market for wheat in the European Union (EU). The world price of wheat is $2.00 per bushel, so SWorld represents the world supply assuming that the EU cannot affect the world price of wheat. To support the agricultural sector, the EU guarantees a certain price for the farmers by imposing a variable levy of $2.00 per bushel to limit the import of wheat. On the graph, use the purple line (diamond symbol) to show the support price the farmers receive due to the variable $2.00 levy. Note: Select and drag the line segment from the palette to the graph. Then select a point on the line segment and drag it to its desired position. 10.00 DEU SEU 9.OD Support Price 8.00 7.00 Sworld, New 6.00 5.00 PRICE (Dollars per bushel) 4.0D 3.00 world 2.00 1.00 O 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000 D WHEAT (Bushels) Fill the following table by entering the quantities for production, consumption, and imports of wheat in the EU before and after the $2.00 levy.