Suppose the graph below depicts the demand for football tickets at Grand University. (a) If current demand is represented as Demand 2, what is total revenue at the price of $24? (b) If the price drops to $12, how many tickets would consumers purchase? (c) What is total revenue at that point? (d) If the team has a losing streak and the price is still $24, at what point do we end up? (e) What is total revenue at that point? PRICE (dollars per ticket $36 32 28 24 20 16 12 8 0 D 1,000 2,000 3,000 4,000 5,000 6.000 7.000 8.000 9.000 10.000 11,000 12,000 TICKETS (per game)