41. Suppose that the market for cigarettes is initially in equilibrium and is perfectly competitive. The demand curve can be expressed as P = 60 - Qª; the supply curve can be expressed as P = 0.5Qs. Quantity is expressed in millions of boxes per month. What are the amount traded and the price for this market? a) Q = 40; P=20 b) Q = 20; P = 40 c) Q = 30; P = 30 d) Q = 30; P = 15

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