(b)Tickets for a U2 concert are $100 each but the tickets quickly sell out and there are many people who want to go to the concert but cannot get tickets. Draw a diagram to illustrate the demand and supply for the U2 tickets and why there are people who cannot get tickets at $100.

(c)Is there a deadweight loss in this situation? If there is, illustrate it in the diagram above.

(d)Explaintwoalternativethingsthatthebandcoulddotomakesureeveryonewhoiswillingtopay the advertised price for tickets can attend the concert.