here are the questions I am having trouble with, thank you for your time.

BRITISH OFFICIALS ARE NOT ABOUT TO FINE TICKET SCALPERS London (UPI) British government officials have rejected a demand that penalties be placed on ticket scalpers, who are reportedly selling Wimbledon tennis championship tickets at more than 3.500% of face value. One Conservative parliamentarian even praised the scalpers for practicing "free market economics," the backbone of Prime Minister Thatcher's economic policies. " If the upper-class twits who run the AllEngland Tennis Club sell their tickets at below market prices, they can hardly grumble. All the people who we insult by calling them 'touts' are setting up a market.\" Scalpers are reportedly selling $100 tickets (official price) for the final match at Wimbledon $2700. Ticket scalping is not illegal in Britain. Use a demand/supply diagram to illustrate the average "free market" price of Wimbledon tickets versus the "official" ticket price. (Draw a vertical supply curve to represent the fixed stadium capacity). Construct a demand/supply diagram to illustrate a scenario where changing demand conditions could create a scenario where scalpers will suffer a loss. \f