a. Would you expect the short run supply curve of Clemson hotel rooms to be perfectly inelastic? Explain why/why not. Does the demand for hotel rooms on football weekends appear to be perfectly inelastic? Explain. b. Do football games shift the demand curve for hotel rooms? Explain and draw a diagram to illustrate. Use any relevant figures given in the article in your diagram. 0. Use the price and quantity figures provided in the article to calculate the nightly revenue at regular and \"premium\" prices on football weekends and determine whether Mr. Byatt's final statement regarding revenue is true. d. Is the demand for Clemson hotel rooms on football weekends elastic or inelastic? Explain with direct reference to the definition of price elasticity. e. Draw a demand diagram to illustrate the accuracy of Mr. Byatt's final statement. Clearly identify on your diagram 1) The lost revenue from increasing the price from $70 to $160, 2) The increased revenue from increasing the price from $70 to $160