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Other Fields Homework Help Business Topic started by: livestrong136 on Jan 15, 2014



Title: Health Econ- mutiple choice, price of steel complimenting the price of iron ore!
Post by: livestrong136 on Jan 15, 2014
If a large new supply of iron ore is discovered. What is most likely to happen to the price of steel, for which iron ore is a major input?

A. In the long run, the price of steel will fall   

B. It will have no effect   

C. The price of steel will rise   

D. The price of steel will immediately fall.   


Title: Re: Health Econ- mutiple choice, price of steel complimenting the price of iron ore!
Post by: padre on Jan 15, 2014
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