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Draw graphs and show your calculations in answering these questions

Economics

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Draw graphs and show your calculations in answering these questions. The demand for silk cloth in the United States is characterized by the equation P = 7 - Q/1000, where Q is yards of silk cloth. U.S. producers of silk will supply silk to the U.S. market based on the equation P = 1 + Q/200. The rest of the world will sell as much silk as U.S. consumers will purchase for a price of $3 (Hint: the supply curve for the rest of the world is flat at $3). (a.) If there is free trade between the U.S. and the rest of the world, what will be the market price of silk in the United States? (b.) How much silk will American consumers purchase? (c.) How much silk will American producers sell? (d,) How much silk will Americans import from the rest of the world? (d.) Show on a graph American consumer surplus and American producer surplus.