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AGEC 3713 - Agricultural Policy - Exam 3 Questions and Answers with Verified Solutions | Latest 2026 Update

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AGEC 3713 - Agricultural Policy - Exam 3 Questions and Answers with Verified Solutions | Latest 2026 Update

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AGEC 3713 - Agricultural Policy - Exam 3 Questions and Answers with
Verified Solutions | Latest 2026 Update




Q: measure importance by how you get paid, what would that term be?

Answer:
"Gross revenues"

Q: What is the average initial royalty rate for most Oklahoma wind energy leases?

Answer:
4%

Q: Which of the following is TRUE about the agricultural land use impacts of solar
and wind power projects?

Answer:
All of the above.

Q: At least as of right now, what is about the only agricultural land use permitted by
solar developers on the land leased for the installation of the PV modules?

Answer:
Grazing of small ruminant animals such as sheep and goats.

,AGEC 3713 - Agricultural Policy - Exam 3 Questions and Answers with
Verified Solutions | Latest 2026 Update




Q: How are landowners typically paid in Oklahoma and the southern Great Plains
for solar leases on their property?

Answer:
A royalty of 4% of gross revenues

Q: Assuming each solar developer wants to lease the entirety of one of your 50 acre
parcels of land and that your sole and only objective with a solar lease is "get
them dollars" which of the following solar leases are you going to choose?

Answer:
Solaris Energy LLC wants to install 5MW of PV capacity on your land, and wants to
pay you a flat $300/year/acre fee.

Q: Pick the answer below that correctly matches the federal environmental law or
regulation that

Answer:
would apply to each scenario. CERCLA, CWA, WOTUS, CAA

, AGEC 3713 - Agricultural Policy - Exam 3 Questions and Answers with
Verified Solutions | Latest 2026 Update




Q: When we talk about the "damages: that are payable to landowners under the
Surface Damage Act, how do we determine the value of those damages?

Answer:
The damages are the different between the fair market value of the property before
the oil and gas operations minus the fair market value of the property after the oil and
gas operations.

Q: Which of the following would NOT be considered in calculating the damages to
Jed's property caused by the production of oil and gas on his property by oil and
gas operator Drysdale Energy?

Answer:
Actually, all of the above would be considered factors in determining the damages.

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