L 10. Suppose the graph beiow represents the supply and demand for lottery tickets (with quantity measured in millions). The lottery tickets are sold by state governments to raise money for education. P $0.00 $4.00 $2.00 $1.00 8 '2 25 42 03 Q a. Suppose D is the original demand curve so that the original equilibrium occurs at a price of $1 .00 and a quantity of 42. What is consumer surplus at the original equilibrium? How much revenue do state governments earn by selling the lottery tickets? c. If a typical firm in a monopolistically competitive market is operating at full capacity, can the market be in long-run equilibrium? Briey explain your answer. What would we expect to happen to the number of firms in this market and why