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year at the going price? BHP Billiton is the world's largest mining fiem. BHP expects...

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year at the going price? BHP Billiton is the world's largest mining fiem. BHP expects to produon 2.00 billion pounds of copper next year, with a production cost of $0.76 por pound, What will be BHP's operating profit from copper next year if the price of copper is $1.15, $1.35, or $1.55 per pound, and the firm plans to sell all of its copper next b. What will be BHP's operating profetrom copper next year it the fem enters into a contract to supply copper to end users at an average price of $130 per pound? e. What will be BHP operating profit from copper next year if copper prices are described as in part(), and the firm enter into supply contracts as in part (b) for only d. For each of the situation below, indicate which of the strategies ((b) or (e) might be optimal 50% of its total output? year at the going price? What will be BHP operating proft from copper next year if the price of copper is $1.15, $1.35, or $1.55 per pound, and the firm plans to sell all of a copper next The operating profe when the price per pound is $115 will be $ billion (Round to wo decimal places) Inc

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