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2.Spotify sells the music of Drake, who is very popular among young listeners. Suppose the music download industry is a monopolistic competitive market. The current

2.Spotify sells the music of Drake, who is very popular among young listeners. Suppose the music download industry is a monopolistic competitive market. The current period's supply and demand for Drake song downloads (000s) from Spotify is given in the figure below.

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Price (S) 2.0 1.5 1.0 ATG 0.5 20 40 60 80 100 120 140 160 Drake song downloads (000s)

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