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We look at the detective novel market. Information gathered through a survey was used to Determine the following demand function and supply function: = 160-4

We look at the detective novel market. Information gathered through a survey was used to

Determine the following demand function and supply function:

= 160-4

= 2-20

Graphically represent this console market. In your chart, identify the balance, the

consumer surplus and producer surplus.

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