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If demand for theatre tickets at Aardklop is described by the equation QD = 200 - p, and supply is QS = 40 + p,

If demand for theatre tickets at Aardklop is described by the equation QD = 200 - p, and supply is QS = 40 + p, find the equilibrium price and quantity. How would your answer change if the supply curve shifted to = 20 + due to increases in actor salaries? What would the supply curve look like if the capacity of the theatre was 100 people?

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