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I only need question 1 and 3 Part 2. Economic Equations and Graphs 1. The price to drive on a freeway is $0 or free

I only need question 1 and 3

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Part 2. Economic Equations and Graphs 1. The price to drive on a freeway is $0 or free at all times of the day. This 2. Colleges usually charge the same tuition for a class no matter when it is price establishes equilibrium at 3 a.m. but it is too low to establish taken. The supply of seats in the class may be the same for each time slot, but equilibrium at 5 p.m during rush hour. Therefore, there is a shortage of the demand for the class may be different. Diagrammatically show and freeway space at 5 p.m. Graphically show & explain how carpooling explain why there is a shortage of classroom space for some college may eliminate the shortage. (Hint: Demand side management) classes and a surplus for others. 3. Graphically show & explain how building more freeways may 4. Marijuana is legalized, and the price of marijuana falls. Draw the eliminate the shortage under question 1. (Hint: Supply side demand and supply curves for marijuana before & after it is legalized. management)

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