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Dofasco Can Buy Iron Ore Pellets from Minnesota at US$133

Question 108

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Dofasco can buy iron ore pellets from Minnesota at US$133 per short ton (2,000 pounds) or from Labrador at C$165 per metric tonne (1,000 kg). Which source is more expensive? How much more expensive is it in C$ per metric tonne? (1 pound = 0.4536 kg)

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The Labrador one is ...

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