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In the recent years, the growing health concerns amongst Canadians have led them to turn to turkey as an alternative to red meats such as

In the recent years, the growing health concerns amongst Canadians have led them to turn to turkey as an alternative to red meats such as beef and pork. You are working as an economist for the turkey industry, and below describes the industry practices of the turkey industry:

Demand: P=120-16Qd

Supply: P=20+4Qs

Find the current total revenues for the industry before any quotas are in place.

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