Examlex

Solved

Suppose Coal Sells for $50 Per Ton and Can Be

question 58

Essay

Suppose coal sells for $50 per ton and can be mined at a constant marginal cost of $20 per ton.Forecasters predict that the price of coal next year will be $55.If your marginal cost next year will still be $20 and the interest rate is 10%,do you sell coal today?


Definitions:

Related Questions