Domestic demand for a good is qd 3000 - 25p the domestic


Question: Domestic demand for a good is QD = 3000 - 25P. The domestic supply of the good is QS = 20P. Foreign producers can supply any quantity at a price (P) of $30. Is there a shortage opf a surplus? What is the quantity of a shortage or a surplus? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: Domestic demand for a good is qd 3000 - 25p the domestic
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