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A Company That Manufactures Copper Piping Is Offering to Trade

Question 21

Essay

A company that manufactures copper piping is offering to trade you 5 925 tonnes of low-grade copper ore for 4 000 tonnes of high-grade copper ore. Assuming you currently have 4 000 tonnes of high-grade ore, what are the total benefits and added benefits of taking the trade?

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Total Benefits
No trade and refine high-...

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