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Figure 72Defending the Target Price in Face of Changing Supply Conditions

question 88

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Figure 7.2.Defending the Target Price in Face of Changing Supply Conditions Figure 7.2.Defending the Target Price in Face of Changing Supply Conditions   -Consider Figure 7.2.Suppose the supply of tin decreases from S<sub>0</sub> to S<sub>2</sub>.Under a buffer stock system,the buffer-stock manager could maintain the target price by: A)  Purchasing 15 pounds of tin B)  Purchasing 30 pounds of tin C)  Selling 15 pounds of tin D)  Selling 30 pounds of tin
-Consider Figure 7.2.Suppose the supply of tin decreases from S0 to S2.Under a buffer stock system,the buffer-stock manager could maintain the target price by:


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