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Suppose the market for cigarettes in the first quarter of the year 2021 was characterized by Qd 180 2P [Demand] - Qs 4P [Supply]

Suppose the market for cigarettes in the first quarter of the year 2021 was characterized by Qd 180 2P [Demand] - Qs 4P [Supply] In the second quarter of 2021, the supply curve shifted to Qs 4P 60 [Supply] Use this information to compare the equilibrium price, quantity and revenue between the first and second quarters of 2021 in the market for cigarettes.

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