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Question: A raw commodity is traded in a market where it has been reliably estimated that
Qd = 95 - 1.8P and Qs = -12.4 + 2.1P
Its price adjusts in proportion to excess demand at the rate
dP = 0.28(Qd - Qs)dt
where t is measured in months. The current spot price is $29.35 a tonne. In 4 months' time your company will need to buy a large amount of this commodity. If someone offers you a forward contract and guarantees to supply the amount you need at a price of $24.75 would it be worth signing this contract?
What is the difference between ordinal utility and cardinal utility? Explain why the assumption of cardinal utility is not needed in order to rank consumer choices.
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Identify some of the logistics activities that the business engages in - Explain what metrics should be used to assess how effective the logistics function is that would be important to customers.
Then analyze and evaluate the human error aspects of the accident by creatively applying the data analysis tools of the Human Factors Analysis and Classification System (HFACS). Report your results and conclusions.
Suppose the state of California needs to increase tax revenue. The government is considering raising the per-unit tax on consumption good in order to generate more tax revenue.
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Crepe Creations is considering franchising its unique brand of crepes to stall-holders on Hermoza Beach, which is five miles long. CC estimates that on an average day there are 1,000 sunbathers evenly spread along the beach and that each sunbather wi..
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a compare the initial sum of profits of the two individual firms p1 p2 with the profits of the merged firm pa. explain
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