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please help. these two are urgent

Number of Tickets Available and Requested, Depending on Price Number (100,25) (50, 23) Supply Shortage Demand Surplus Ticket prices On a ticket resale site, people can offer or request tickets by indicating the desired price of the transaction. Of course, the higher the ticket prices, the more people are interested in selling. For example, for a certain type of show, it is found that at $50 a ticket, only 5 tickets are available from sellers. This is opposite to the situation for the demand for tickets. The higher the ticket price, the less people are interested in buying. For example, for the same type of show, there is a demand for 23 tickets at $50 each. To analyze this situation, supply and demand are represented on the diagram to the right, which is not to scale. You find that there is a shortage of tickets at $50 (23 requests to purchase for only 5 offers) and a surplus of tickets at $100 (25 tickets available but demand for only 3). Note that an equilibrium price exists for which there is neither a shortage or a surplus. (50,5) (100,3) Equilibrium price Price 051 a) From the diagram, determine the equilibrium price of tickets for this type of show. Validate your answer to ensure it is correct. b) According to this diagram, what would happen to the equilibrium price if the number of tickets available decreased suddenly by the same quantity, regardless of the price? State a conjecture and validate it with an example. 0005684376 SEAT: 27 Row: 16 THEATRE Special Performance COMEDY SHOW 0005684376 Date: DECEMBER 12 Price: $46.86 Date: DECEMBER 12 Doors open: 6 P.M. Price: $46.88 City An Economical Choice Mr. and Mrs. Nguyen have two cars. Below is the data concerning the fuel consumption of each car. Fuel consumption rate for city and highway driving (L/100 km) Car B Car A City Highway Highway 5 12 6 To get to their offices at two completely different locations, they must use their respective cars. They wonder which car has better fuel economy. To make the most economical decision, they do a one-week trial. Mr. Nguyen used car A. During the one-week trial, he consumed 10.8 L of gasoline for a driving distance of 200 km. Mrs. Nguyen used car B. During the one-week trial, she consumed 18 L of gasoline for a driving distance of 160 km. After determining the distances driven by each of them in the city and on the highway during that week, who should take car A from now on to go to work: Mr. or Mrs. Nguyen? Explain your answer. Number of Tickets Available and Requested, Depending on Price Number (100,25) (50, 23) Supply Shortage Demand Surplus Ticket prices On a ticket resale site, people can offer or request tickets by indicating the desired price of the transaction. Of course, the higher the ticket prices, the more people are interested in selling. For example, for a certain type of show, it is found that at $50 a ticket, only 5 tickets are available from sellers. This is opposite to the situation for the demand for tickets. The higher the ticket price, the less people are interested in buying. For example, for the same type of show, there is a demand for 23 tickets at $50 each. To analyze this situation, supply and demand are represented on the diagram to the right, which is not to scale. You find that there is a shortage of tickets at $50 (23 requests to purchase for only 5 offers) and a surplus of tickets at $100 (25 tickets available but demand for only 3). Note that an equilibrium price exists for which there is neither a shortage or a surplus. (50,5) (100,3) Equilibrium price Price 051 a) From the diagram, determine the equilibrium price of tickets for this type of show. Validate your answer to ensure it is correct. b) According to this diagram, what would happen to the equilibrium price if the number of tickets available decreased suddenly by the same quantity, regardless of the price? State a conjecture and validate it with an example. 0005684376 SEAT: 27 Row: 16 THEATRE Special Performance COMEDY SHOW 0005684376 Date: DECEMBER 12 Price: $46.86 Date: DECEMBER 12 Doors open: 6 P.M. Price: $46.88 City An Economical Choice Mr. and Mrs. Nguyen have two cars. Below is the data concerning the fuel consumption of each car. Fuel consumption rate for city and highway driving (L/100 km) Car B Car A City Highway Highway 5 12 6 To get to their offices at two completely different locations, they must use their respective cars. They wonder which car has better fuel economy. To make the most economical decision, they do a one-week trial. Mr. Nguyen used car A. During the one-week trial, he consumed 10.8 L of gasoline for a driving distance of 200 km. Mrs. Nguyen used car B. During the one-week trial, she consumed 18 L of gasoline for a driving distance of 160 km. After determining the distances driven by each of them in the city and on the highway during that week, who should take car A from now on to go to work: Mr. or Mrs. Nguyen? Explain your