The market for tickets to symphony can be described by the following demand and supply curve: Q^D= 20 000- 90p, Q^s=10 000+110P

a)What are the equilibrium price and quantity in the ticket market?(2 marks)

b)Lovers of classical music persuade the government to impose a price ceiling of $40 per ticket. How many tickets are now sold in the market? Does this policy get more or fewer people to attend classical music concerts?(2 marks)