1.For each of the following scenarios, show how price and quantity of tickets for Cavs games would be affected with a simple supply and demand graph. (Assume the perfect competition graph is valid.) Add a short explanation to each graph.

(a)Lebron James leaves the team.

(b)Due to Covid, the 2020-21 season will limit seating to 5,000 spectators.

(c)The Columbus Blue Jackets move to Cleveland.

(d)An NBA expansion team is added in Columbus.

(e)TV blackouts for the Cleveland metro area for any game that is not a sellout.