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What Would Be the Economic Impact on Energy Prices If

Question 88

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What would be the economic impact on energy prices if low-cost solar power were to become a viable energy source in households across Canada?


A) Prices would increase, as this is a new energy source.
B) Energy costs across the country would increase with adoption of the new energy source.
C) Housing prices would decrease, as new homes are built with this new energy source.
D) Prices would decrease, as competition increases in energy production.

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