Hello! Can you please help me with solving this task (puncts A, B, C)? And please give some explanation. Thank you in advance?

among the following groups: domestic oil consumers, domestic oil producers, foreign oil producers, and the US government. 4. (22 points) The Tiny Theater Company (TTC) operates a very small modern drama theater with only 5 seats. It also performs only one play. There are 8 potential theatergoers in town with the following willingness to pay for tickets to this play: 2 Maximum Theatergoer Willingness to Pay, Pesos 500 400 w 300 4 250 5 200 6 150 7 100 8 50 The marginal cost of supplying a ticket at the TTC is equal to zero pesos. A. (4 points) Use a properly labeled graph to show the supply and demand in the market for theater tickets. Find the equilibrium price and quantity and show them on your graph. B. (4 points) On your graph from part A show consumer and producer surpluses. Calculate the amounts of these surpluses and the total surplus in pesos. Suppose the Ministry of Theaters imposes a price ceiling on theater tickets. It decrees that since the TTC receives government funding, it should not be allowed to sell tickets for a price above 50 pesos. For the rest of the problem assume that this price ceiling is in place. C. (4 points) On your graph from part A (or on a new graph, whichever is more convenient), show the price and quantity of tickets traded. Find the new consumer, producer and total surpluses. Show the deadweight loss (if any). D. (3 points) Is there excess demand/supply? According to your