The research findings: the long-runequilibrium relationship between futures prices and the spot price, but the price discovery function of wheat futures market is very weak.
研究结果显示：我国小麦期货价格与现货价格存在长期均衡关系，但是小麦期货市场的价格发现功能很弱。
2
Specifically, would the new long-runequilibriumprice be above, below, or equal to the short-run equilibrium price in part (b)?