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Suppose that in a fictitious town the demand for cartons of cigarettes is given by the equation Qd = 100,000 while the supply of

Suppose that in a fictitious town the demand for cartons of cigarettes is given by the equation Qd = 100,000 while the supply of cartons of cigarettes is given by the equation Qs = 5,000p. Find the equilibrium price (p) and quantity (q) in this market.

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