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This problem involves using supply and demand equations. Suppose the market is defined by Demand:Q = 164 - 3P Supply:Q = 1 + 2P At

This problem involves using supply and demand equations.

Suppose the market is defined by

Demand:Q = 164 - 3P

Supply:Q = 1 + 2P

At a price of P = 18, what is the size of the shortage that will exist in the market?

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