=+b. Assuming natural gas prices are $3.00 per BTU, illustrate the effect of an export terminal on

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=+b. Assuming natural gas prices are $3.00 per BTU, illustrate the effect of an export terminal on the demand for natural gas in the United States. Explain your findings.

c, Assuming natural gas prices in Europe are $6.00 per BTU, draw a diagram to

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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