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1. In 2021, the consumption of cigarettes in Lancaster was 470 packs. The average retail price was 2.35 per pack. Estimates have shown that the

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1. In 2021, the consumption of cigarettes in Lancaster was 470 packs. The average retail price was 2.35 per pack. Estimates have shown that the price elasticity of demand is -0.4, and the price elasticity of supply is 0.5. Using this information, derive linear demand and supply curves for the cigarette market

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