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The demand for lattes, Qd, is represented by the equation: Qd = 500 - 20P, where P equals the market price. The quantity supplied of

The demand for lattes, Qd, is represented by the equation: Qd = 500 - 20P, where P equals the market price. The quantity supplied of lattes, Qs, is represented by the equation: QS = 80P Suppose the price of lattes is $5, What is happening at this price? O Shortage O Surplus O Equilibrium Question 19 1 pts tv Oul TER'S E MacBook Air

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