Suppose for the soybean oil market in costa rica the demand


Suppose for the soybean oil market in costa rica the demand equation is P=20-0.4QD and the supply demand is P=8=0.6QS the price for the oil is $13 will there be a domestic shortage or surplus? How do you solve this equation?

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Business Economics: Suppose for the soybean oil market in costa rica the demand
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