Students in the Iona building demand the following goods [units in brackets}: a coffee shop [cups of coffee}, an elevator {people carried per day], candy {pieces of candy}, a Iwater fountain [litres of clean drinking water}, VSE hoodies {units}, and BIE career services {hours of meeting Iwith advisors). If VSEUS decides to charge for any of these goods, they will do so by changing the annual fee that students have to pay with tuition. a} Classify all the goods demanded by students into private, club, common resources, and public goods. b] The public good from part a) is demanded by three grou ps: rst year students, d] fourth year students, and faculty, according to the following demand schedules; First year students: Q=10C|~4P Fourth year students: Q=100-2P Faculty: Q=30-P Find and graph the total demand curve. The marginal cost to VSEUS to provide each unit of this good is MC = 20 + 0.50. VSEUS cares about maximizing total welfare, not prot. How much of the public good will be provided? Draw the equilibrium on a graph. Who will be charged for the provision of the good? What is the consumer surplus? Draw it on the graph above. Is it possible to charge the prices you found in part d}? Are there any free riders or force riders