Title
The Day Oligopolistic Forces Lost Power: A descriptive study on iron ore pricing,Used
Delivery time: 8-12 business days (International)
During the last decade, the price of iron ore has risen from $13 per tonne in 2001 to approximately $140 per tonne in 2010. Using commodity data and theoretical argumentation, this thesis analyses how market power amongst actors in the iron ore market have influenced and been affected by different pricing systems, as well as how the price of iron ore has been affected by the shifts in market power and various pricing systems. We find that the price trend of iron ore relative demand is unique when compared to other metals. Evidence suggest that the greatest single factor behind the recent price development is that the pricing mechanism shifted from oligopoly pricing to a state converging perfect pricing in late 2008, causing oligopolistic forces to lose market power. Further, prices will most likely always be higher under the new pricing system than they would have been in any given theoretical situation under the old pricing system.
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
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