Exercise 3.10 The football stadium of the University of the North West Territories has 30 seats. The demand curve for tickets has a price intercept of $36 and a quantity intercept of 72. (a) Draw the supply and demand curves to scale in a graph or in Excel. (This demand curve has the form P = 36-0.5 x Q.) (b) Determine the equilibrium admission price, and the amount of revenue generated from ticket sales for each game. (c) A local alumnus and benefactor offers to install 6 more seats at no cost to the University. Compute the price that would be charged with this new supply and compute the revenue that would accrue at this new equilibrium price. Should the University accept the offer to install the seats? (d) Redo the previous part of this question, assuming that the initial number of seats is 40, and the University has the option to increase capacity to 46 at no cost to itself. Should the University accept the offer in this case