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    US Agricultural and Food Policies
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    Exam 3: A Policy Analysis Toolbox: Methods to Investigate Agricultural and Food Market Scenarios
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    Consider Electricity and Natural Gas as Alternative and Substitute Energy
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Consider Electricity and Natural Gas as Alternative and Substitute Energy

Question 1

Question 1

True/False

Consider electricity and natural gas as alternative and substitute energy sources. In this scenario, we predict the cross-price elasticity of demand coefficieint for these two power sources to be negative (Ex<0)

Correct Answer:

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