Question 6] [Read the article "ATAR cut-offs to soar without more uni places to meet surging demand" from the Age, 17 June 2020 (https://www.smh.com.au/national/atar-cut-offs-to-soar-without-more-uni-places-to-meet-surging-demand-20200617-p553ih.html)] [(PDF available on Assignment page as well) and answer the following questions using demand and supply model:] a)[What does the article describe as the main changes to demand for and supply of university enrolments? Cite relevant paragraphs from the article to support your arguments. (No prescribed word limit but try to be to the point. No word limits apply when citing excerpt from the article) (4 marks)] b)[How would you predict these changes would affect the equilibrium price and quantity of domestic education? Explain with drawing suitable graphs. (4 marks) (Hint: you can discuss two scenarios, one where supply of university places is fixed and the other where supply is flexible, but government imposes price controls).] c)[Why are ATAR cut-offs predicted to increase? (2 marks)]