US copper supply : An economic/engineering analysis of cost—supply relationships |
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Authors: | Patricia Foley Joel Clark |
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Institution: | Department of Materials Science and Engineering, Massachusetts Institute of Technology, Cambridge, MA 02139, USA |
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Abstract: | The authors present short- and long-term supply schedules for the primary US copper industry. These schedules are based on the economic theory of supply, and are derived from site- and input-specific cost data. Cost figures are arrived at by a combination of engineering process analysis and statistical cost estimation. The supply functions can be used to evaluate the effects of changes in market, policy, or other variables on US copper supply. |
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