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Figure 71Defending the Target Price in Face of Changing Demand Conditions

Question 22

Multiple Choice

Figure 7.1.Defending the Target Price in Face of Changing Demand Conditions Figure 7.1.Defending the Target Price in Face of Changing Demand Conditions -Consider Figure 7.1.Suppose the demand for tin decreases from D<sub>0</sub> to D<sub>2</sub>.Under a buffer stock system,the buffer-stock manager could maintain the target price by: A) Selling 15 pounds of tin B) Selling 30 pounds of tin C) Buying 15 pounds of tin D) Buying 30 pounds of tin
-Consider Figure 7.1.Suppose the demand for tin decreases from D0 to D2.Under a buffer stock system,the buffer-stock manager could maintain the target price by:


A) Selling 15 pounds of tin
B) Selling 30 pounds of tin
C) Buying 15 pounds of tin
D) Buying 30 pounds of tin

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