For the 3rd challenge, we are to pick a city to buy a good and another to sell the good or to do nothing at all. The winner is the one that has the most money at the end of the week, when you sell your goods. The post to get all the rules and information set forth by @spectrumecons, You can visit his blog for detail.
So first, the town I will be doing the buying is in Riddle Widdle Town
and the commodity I will be buying is oil. The distribution mean for Riddle Widdle Town appears to be at $64/. I will spend all of the allotted $10 million on the oil, thus allowing me to purchase at least 1.5 million pounds of oil. Then the city I will be selling the oil in will be Grudge Town.
I came to this reasoning by looking at the mins and maxes of the commodities. In the worst case of buying oil in Riddle Widdle Town , it would cost me $68 and I could sell it for the bottom price of $72/pound in Grudge Town. That would mean that I am profiting 4% in the worst case resulting in a guaranteed gain and profit. Thus ensuring that my initial investment increased from $10 million to a minimum of $15.6 million. In my opinion this was the safest option that would still offer a great return.
Thanks for checking out my entry!