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The short-run cross price elasticity of demand between palm oil and soybean oil is 0.103. The quantity demanded for palm oil is 10 million metric

The short-run cross price elasticity of demand between palm oil and soybean oil is 0.103. The quantity demanded for palm oil is 10 million metric tonnes at the current price USDI ,480 per metric ton of soybean oil. Calculate the quantity demanded of palm oil if the price per metric ton of soybean oil decreases to USDI ,400.

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