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Given storage costs over a period of time, the equilibrium condition is defined as........ 1) marginal cost of storage equal to expected price divided by
Given storage costs over a period of time, the equilibrium condition is defined as........
1) marginal cost of storage equal to expected price divided by current price.
2) marginal cost of storage equal to current price minus expected price.
3) marginal cost of storage equal to expected price plus current price.
4) marginal cost of storage equal to expected price minus current price.
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