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Refer to Figures 7-1, 7-2, 7-3, 7-4, and 7-5 on pages 175-179 (Hellman Textbook).

  1. Assume that pornographic literature and prostitution are complementary goods and the price of pornographic literature decreases. Please analyze the impact of pornographic literature on the market of prostitution.
  1. Assume that pornographic literature and prostitution are substitutes and the price of pornographic literature decreases. Please analyze the impact of pornographic literature on the market of prostitution.