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Author Question: If the price of a barrel of oil is 100 this year and the interest rate is 10 percent, then according ... (Read 85 times)

burton19126

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on: Jun 29, 2018
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


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pangili4

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


burton19126

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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