Given qd124-0025 p and qs -50 0025pquestion 1at the time

Assignment Help Business Economics

Reference no: EM13353191

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?

Reference no: EM13353191

Questions Cloud

In a study available in 1980 b b gibson estimated the : in a study available in 1980 b. b. gibson estimated the subsequent price and income elasticity of demand for six types

Q1 suppose that you can schedule a worker up to four hours : q1. suppose that you can schedule a worker up to four hours per day. the benefit function is given by bh 500h - 22.5h2

Q1 during the late 1980s wool prices increased considerably : q1. during the late 1980s wool prices increased considerably due in part to increased demand by china and the former

Abc computer company has a 20000000 factory in silicon : abc computer company has a 20000000 factory in silicon valley. during the current year abc builds 2000000 worth of

Given qd124-0025 p and qs -50 0025pquestion 1at the time : given qd124-0.025 p and qs -50 0.025pquestion 1at the time of rusals concern primary aluminum prices were relatively

Bavarian crystal works designs moreover manufactures lead : bavarian crystal works designs moreover manufactures lead crystal wine decanters for export to international

Q1 why does the saying no taxation without representation : q1. why does the saying no taxation without representation make sense for public goods but not for private goods?

Q1 by now weve all had the opportunity to read the entire : q1. by now weve all had the opportunity to read the entire text book and understand how free markets i.e. capitalism

Q1 do you believe economic darwinism is reflected in the us : q1. do you believe economic darwinism is reflected in the us banking policy of some banks are too big to fail

User Account

All Pages