WeSpeak4U is the only provider of language translation services. It is currently experiencing economic losses. (a) Draw a correctly and completely labeled graph for WeSpeak4U, showing (1) the loss-minimizing price, labeled Pm (ii) the loss-minimizing quantity, labeled Qm (iii) the area of economic losses, shaded (iv) the allocationy efficient quantity, labeled Qe (b) WeSpeak4U, in an effort to reduce economic losses, raises its price above Pm. (i) On the graph from part (a), draw and label this new price level as Pm,! (in) At the new price of Pm,, will WeSpeak4U's total revenue decrease, increase, or stay the same? Explain