i) If price for the ticket was $200 TT per ticket, 6000 persons were eager and able to attend Mother's Day Ball but only 1000 persons were if price increased to $300 TT. Derive demand curve, for tickets of Mother's Day Ball.
ii) If price for the ticket was $200 TT per ticket, promoter was eager and able to offer 4000 Mother's Day Ball tickets for sale and 8000 ticket if price was $600 TT. Deduce supply curve, for tickets to Mother's Day Ball.
iii) Therefore find whether there will be the surplus or shortage or neither for Mother's Day Ball tickets if price of a ticket was $240.