If the price of a barrel of oil is 100 this year and the interest ...

[burton19126]

If the price of a barrel of oil is 100 this year and the interest rate is 10 percent, then according to the Hotelling Principle the price next year is expected to be ________ per barrel.
 
  A) 90
  B) 110
  C) 100
  D) None of the above is correct.

Question 2

Adverse selection occurs when a sales offer attracts the kinds of customers that the seller does not want.
 
  Indicate whether the statement is true or false

[pangili4]

Answer to Question 1

B

Answer to Question 2

TRUE

[burton19126]

Thanks for the timely response, appreciate it

[Dominic]

Wow, this really help