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Electric Power Producers Have a Choice of Various Fuels, Including

Question 6

Multiple Choice

Electric power producers have a choice of various fuels, including oil, natural gas, coal, and uranium, as well as solar and wind energy. The cross-price elasticity between the demand for wind power plants and the price of coal would be __________.


A) Positive.
B) Negative.
C) Zero.
D) Possibly any of the above.

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