Question: Qd = -20p +160 Qs = 40 - 20 Question: Suppose that supply shifts to Qs = 40p - 80 with no change in demand.

Qd = -20p +160

Qs = 40 - 20 Question: Suppose that supply shifts to Qs = 40p - 80 with no change in demand. At the new equilibrium calculate the consumer's and producer's surplus.

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