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Given Qd=124-0.025 P and Qs = -50 + 0.025P
Question 1
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.
Question 2
Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide. Evaluate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price?
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence.
How much will computers sales change by if the company increases computer price by $100 from $1,000 to $1,100.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's.
Suppose that you are in a committee meeting of the United Nations
Under what situation would Gore be better off giving Bush a head start on putting mutually his presidential ticket.
Given your understanding of bond markets, what signals is the the bond market sending in response to the downgrade. Is this problematic.
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.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
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