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c) The lower soybean oil supply has driven global soybean oil price higher. Explain this statement by using a diagram. (4 marks) d) Based on

c) "The lower soybean oil supply has driven global soybean oil price higher". Explain this statement by using a diagram. (4 marks) d) Based on your answer in (a), what would happen to the market of palm oil, if there is an increase in the soybean oil price? Explain with the aid of a diagram

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