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You're a commodity trader and you've just heard a report that the winter wheat harvest will be 2 billion bushels, a 40 percent jump, rather than an expected 30 percent jump.

a. What would you expect would happen to wheat prices?

b. Demonstrate graphically the effect you suggested in part a

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M92212112

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