Dear Tutor, need your kind assistance on question as attached. Please also include source of reference for my better understanding. Thank you in advance and have a nice day.

CHAPTER 3 {suppm DEMAND 8. GOVERNMENT PoucIEsi PROBLEMS AND APPLICATIONS PAGE 124-125 0.1. Lovers of classical music persuade the Ministry of Cultural, Arts and Tourism to impose a price ceiling of RM40 per concert ticket. As the result of this policy, do more or fewer people attend classical music concerts? 03. A recent study found that the demand and supply schedules for two-bedroom apartments in Sungai Dua near University Sains Malaysia are as follows: Price {Rent Per Month} Quantity Demanded Quantity Supplied RM400 400 Apartments 100 Apartments 450 375 150 500 350 200 55E!I 325 250 600 300 300 650 275 350 a. What is the equilibrium price and quantity of two-bedroom apartments in Sungai Dua? b. The Penang City Council receives a petition from students complaining about the high rents. As a result, the Council creates a price ceiling that is RMlDO below the equilibrium price. What is the new market price? How many two-bedroom apartments will be rented? c. Landlords show up at the next Council meeting and demand an increase in rents. The Council members {concerned about their upcoming re-election campaigns) vote to repeal the price ceiling and instead replace it with a price oor that is RMSO above the equilibrium price. What is the new market price? How many two-bedroom apartments will be rented