Edward Millner's blog. It contains links to articles for students taking Principles of Microeconomics and Managerial Economics. It also contains links to articles about politics. The opinions here are mine. No one at VCU reviews or approves what I post.
Friday, January 31, 2020
Emission standards drive up the price of rhodium
Tighter emission standards have increased the demand for rhodium, a metal that removes pollutants from gasoline exhaust fumes (WSJ, Jan. 2020). The price of rhodium, as predicted by supply and demand analysis, increased.
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