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1.The 2021 demand and supply equations for Canadian ginseng are as follows: P = $100 - Q d Can (1) P = $10 + Q

1.The 2021 demand and supply equations for Canadian ginseng are as follows:

P = $100 - Q_d^Can(1)

P = $10 + Q_s^Can(2)

As a result of Prime Minister Trudeau's successful trade mission to Pottsville, Pottsville has agreed to buy Canadian ginseng in 2022. Their demand is given as follows:

P = 80-2Qs^Potts(10)

What are the economic effects of this successful trade mission?

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