One The Metals Price Collapse of the Early 1980s.- What are Prices?.- Specifying Price Determinants in an Equilibration Process.- Disequilibrium Price Behavior.- Two Explanatory Price Equations.- The Price Level Equation.- Demand Contraction.- Exchange Rates and Inventories.- Supply Expansion during the Post-1980 Period.- The Dynamic Price Equation.- Conclusion.- Three Price Reductions in Response to Increased Competition.- Deconcentration in Metals...