Why did the speculators follow the plan

Assignment Help Business Management

Reference no: EM131824220

Question: a. Is buying oil for $36 a barrel and selling it for $20 per barrel a good business plan? How much profit did speculators earn, or how much money did they lose, on each barrel?

b. Why did the speculators follow this plan?

c. When the speculators sold their stored oil in the months after the war, did this massive resale tend to increase the price of oil or decrease it?

d. Do you think that many consumers complained about speculators or even realized that speculators were influencing the price of oil in spring 1991?

Reference no: EM131824220

Questions Cloud

Calculate area of beam : How intense is full sunshine compared with a laser that shines 1 mW into a circular bean 3 mm in diameter.

Discuss pros and cons of aaron feuersteins decision making : Discuss the pros and cons of Aaron Feuerstein's decision making and explain if or how you would have handled his situation differently if you were in his shoes.

Prepare a schedule of expected cash collections for december : Sales are budgeted at $320,000 for November, $340,000 for December, Prepare a Schedule of Expected Cash Collections for November and December

Discuss the psychological effects the human bomber : Discuss the psychological effects the ‘human bomber' has as a vessel in carrying out acts of terrorism.

Why did the speculators follow the plan : Is buying oil for $36 a barrel and selling it for $20 per barrel a good business plan? How much profit did speculators earn, or how much money did they lose.

Understanding the construction principles : Understanding the construction principles as well as the fire resistance properties of each construction type

Discuss the role identify religious fundamentalism has had : Discuss the role identify religious fundamentalism has had in the display of terrorist organization and behavior from a historical perspective.

What is electronegativity : What is electronegativity? How is electronegativity measured? How can electronegativity be used to explan the nature of a chemical bond?

Sales price variance and the market share variance : Identify advantages and/or disadvantages of allowing managers to set transfer prices through negotiation. Any combination totaling three advantages

User Account

All Pages