3. As cities were coming out of lockdown post-pandemic, people were looking for activities to do outside such as golf. The demand for golf tee times is characterized as QD (P ) = 450 3P . The supply of golf tee times was supplied perfectly inelastically at Q = 180 during the pandemic. Problem 3.1. If demand for golf rises, what happens to the equilibrium quantity of tee times? (a) Increases (b) Decreases (c) Stays the same