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Q1. At the time of Rusal's concern, primary aluminum prices were relatively high at $3,600 per metric ton. At this price, calculate the monthly rate of inventory growth in the global aluminum market using the given demand and supply equations for the world aluminum market.
Q2. Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide. Estimate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price?
Nevertheless your total unit sales have increased over this period. Assuming rational buyers and no deceptive advertising, how can you account for this.
During the working life, how do you graph that without knowing more information.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
A pharmaceutical firm faces monthly demands in the U.S. and Mexican markets for one of its patented drugs.
Do these public goods conform to the law of demand. For which public supplies is demand price elastic.
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
Assuming that the current production rates are maintained at the three congress plants, that unusual should management select.
Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut.
The bank and pays interest at the market interest rate of 4 percent. Is it correct to say that the cost to Mary of living in her house is less than the cost to John.
How do the GDP per capita change after accounting for price indices. Why is it important to use price index adjustments.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed. What are the different price points.
In an effort to provide tax relief for households while still balancing the budget, Congress votes to raise business taxes and decrease personal taxes.
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