PLEASE answer all parts and if possible draw graphs out by hand its much easier to read

a. (0.5 points) Graphically depict the Seychelles market for processed fish in equilibrium when Seychelles is in isolation - that is, the domestic market for processed fish in Seychelles does not participate in the world market for processed fish. Label the equilibrium price and quantity P and Q, respectively. b. (1.5 points) Assume Seychelles enters the world market for processed fish. Say the world price of processed fish is higher than P. Graphically depict what happens in the Seychelles market for processed fish using the same graph as part (a). Clearly label each of the following: i. world price, PWORLD ii. quantity of processed fish purchased by Seychelles consumers, QDSC iii. quantity of processed fish produced and sold by Seychelles producers, QSSC iv. whether Seychelles is an importer or exporter of processed fish in the world market by labelling the quantity of net importset exports, QNETIMPORTS/QNETEXPORTS c. (2 points) Say the availability of tuna (a primary type of fish in processed fish) diminishes drastically due to overfishing in the Indian ocean near the coast of Seychelles. Assume this decrease in the availability of tuna is such that the new equilibrium price that would prevail in the Seychelles market for processed fish in isolation, Pnew, is higher than the world price of processed fish, PWORLD, which remains unchanged (i.e., nothing happens in the world market for processed fish). Graphically depict what happens in the Seychelles market for processed fish using the same graph as parts (a)-(b). Clearly label each of the following (if applicable): i. new domestic demand for processed fish DnewSC ii. new domestic supply for processed fish SnewSC iii. new equilibrium price that would prevail in the Seychelles market for processed fish in isolation Pnew iv. new quantity of processed fish purchased by Seychelles consumers, QD2SC v. new quantity of processed fish produced and sold by Seychelles producers QS2SC vi. new quantity of net importset exports, QtariffNETIMPORTS/QtariffNETEXPORTS d. (0.5 points) In a separate graph, graphically depict the consumer surplus, producer surplus, and total surplus in Seychelles' market for processed fish when Seychelles' tuna availability is diminished. e. (0.5 points) Relative to part (b), what happens to consumer surplus, producer surplus, and total surplus when Seychelles' tuna availability is diminished? a. (0.5 points) Graphically depict the Seychelles market for processed fish in equilibrium when Seychelles is in isolation - that is, the domestic market for processed fish in Seychelles does not participate in the world market for processed fish. Label the equilibrium price and quantity P and Q, respectively. b. (1.5 points) Assume Seychelles enters the world market for processed fish. Say the world price of processed fish is higher than P. Graphically depict what happens in the Seychelles market for processed fish using the same graph as part (a). Clearly label each of the following: i. world price, PWORLD ii. quantity of processed fish purchased by Seychelles consumers, QDSC iii. quantity of processed fish produced and sold by Seychelles producers, QSSC iv. whether Seychelles is an importer or exporter of processed fish in the world market by labelling the quantity of net importset exports, QNETIMPORTS/QNETEXPORTS c. (2 points) Say the availability of tuna (a primary type of fish in processed fish) diminishes drastically due to overfishing in the Indian ocean near the coast of Seychelles. Assume this decrease in the availability of tuna is such that the new equilibrium price that would prevail in the Seychelles market for processed fish in isolation, Pnew, is higher than the world price of processed fish, PWORLD, which remains unchanged (i.e., nothing happens in the world market for processed fish). Graphically depict what happens in the Seychelles market for processed fish using the same graph as parts (a)-(b). Clearly label each of the following (if applicable): i. new domestic demand for processed fish DnewSC ii. new domestic supply for processed fish SnewSC iii. new equilibrium price that would prevail in the Seychelles market for processed fish in isolation Pnew iv. new quantity of processed fish purchased by Seychelles consumers, QD2SC v. new quantity of processed fish produced and sold by Seychelles producers QS2SC vi. new quantity of net importset exports, QtariffNETIMPORTS/QtariffNETEXPORTS d. (0.5 points) In a separate graph, graphically depict the consumer surplus, producer surplus, and total surplus in Seychelles' market for processed fish when Seychelles' tuna availability is diminished. e. (0.5 points) Relative to part (b), what happens to consumer surplus, producer surplus, and total surplus when Seychelles' tuna availability is diminished