Examlex
Solve the system by the addition method.
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Agricultural Risk Coverage
A form of crop insurance that pays out if the total revenue generated by all the farmers planting a given crop in a given county falls below a predetermined value.
Price Loss Coverage
A form of crop insurance that pays participating farmers if the market price of their output falls below a predetermined value.
Inelastic
Describes a situation where the demand or supply of a good is not significantly affected by changes in price.
Supply
The total amount of a good or service that is available to consumers.
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