You have a barrel of oil that you can sell today for p dollars. Assuming no inflation

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You have a barrel of oil that you can sell today for p dollars. Assuming no inflation and no storage cost, how high would the price have to be next year for you to sell the oil next year rather than now?

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Microeconomics

ISBN: 978-0134519531

8th edition

Authors: Jeffrey M. Perloff

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Question Posted: Nov 12, 2018 07:42 AM

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You have a barrel of oil that you can sell today for p dollars. Assuming no inflation

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