Can you please solve all the questions? Do not touch if you are going to solve only one question accordingly to guideline. Thank you in advance!

B) Analysitcal Part 1) Assume at a hypothetical university called Urartu University there are two faculties, faculty of Social Sciences and Faculty of Engineering. Assume also both faculties are in the same building and have a seperate budget, and act like a typical consumers, in an uncoordinated and self-centered manner. Assume the university presidency decided they won't contribute any money for the heating system of the building. (Presidency may be in a seperate building.) Instead both faculties should decide without any coordination, amount of gas they are going to buy. The gas they buy would benefit both faculties, which means it is a public good. Members of both faculties sat seperately, and decided theit demand for different price levels for a unit of gas. The table below represents their individual daily demand of the faculties. Answer the questions accordingly. (Assume price is in $) Price 50 45 Faculty of Social Sciences Faculty of Engineering 0 0 6 14 12 8 40 22 18 35 30 30 24 BOMBA 25 38 20 15 10 5 46 54 62 70 30 36 42 48 54 60 0 78 a) What will be the total demand for gas in the building faculties operate? How much gas will be bought by each faculty? b) Assume price is 20 $. How much gas will be demanded by each faculty? Can both faculties be better off, by coordinating with each other and sharing the cost of gas, after the intial decision was made? Explain your answer. c) Assume now the university constructed seperate buildings and gas became private good for both faculties. Assume individual demand of faculties remained the same. (Maybe because the two new buildings both have same size like the old building they shared.) What will be the total demand of both faculties now? Present your answer on a table. Draw also demand curves of both faculties and total market demand for this case. B) Analysitcal Part 1) Assume at a hypothetical university called Urartu University there are two faculties, faculty of Social Sciences and Faculty of Engineering. Assume also both faculties are in the same building and have a seperate budget, and act like a typical consumers, in an uncoordinated and self-centered manner. Assume the university presidency decided they won't contribute any money for the heating system of the building. (Presidency may be in a seperate building.) Instead both faculties should decide without any coordination, amount of gas they are going to buy. The gas they buy would benefit both faculties, which means it is a public good. Members of both faculties sat seperately, and decided theit demand for different price levels for a unit of gas. The table below represents their individual daily demand of the faculties. Answer the questions accordingly. (Assume price is in $) Price 50 45 Faculty of Social Sciences Faculty of Engineering 0 0 6 14 12 8 40 22 18 35 30 30 24 BOMBA 25 38 20 15 10 5 46 54 62 70 30 36 42 48 54 60 0 78 a) What will be the total demand for gas in the building faculties operate? How much gas will be bought by each faculty? b) Assume price is 20 $. How much gas will be demanded by each faculty? Can both faculties be better off, by coordinating with each other and sharing the cost of gas, after the intial decision was made? Explain your answer. c) Assume now the university constructed seperate buildings and gas became private good for both faculties. Assume individual demand of faculties remained the same. (Maybe because the two new buildings both have same size like the old building they shared.) What will be the total demand of both faculties now? Present your answer on a table. Draw also demand curves of both faculties and total market demand for this case