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Prva stran - WBC-INCO Net

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CGCMO<br />

determines:<br />

determines<br />

determines:<br />

CGCMCP and the Number of GC traded on the CGCM<br />

Demand curve<br />

Offer curve<br />

CGCMCP and the<br />

Number of GC<br />

traded<br />

Combining all pairs price-quantity of<br />

the buying offers and sorting the price<br />

descending, in a single curve<br />

Combining all pairs price-quantity of<br />

the selling offers and sorting the price<br />

ascending, in a single curve<br />

the intersection point between the<br />

demand curve and the offer curve<br />

CGCMCP=<br />

P max +<br />

2<br />

P<br />

min

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