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Exhibit 17.1 -Refer to Exhibit 17.1,which Shows a Market for Electricity.If Producers

Question 125

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Exhibit 17.1
Exhibit 17.1    -Refer to Exhibit 17.1,which shows a market for electricity.If producers base their output on marginal private cost,how much electricity is produced per month? A) 0 kilowatt-hours B) 50 million kilowatt-hours C) 75 million kilowatt-hours D) between 0 and 50 million kilowatt-hours E) between 50 and 75 million kilowatt-hours
-Refer to Exhibit 17.1,which shows a market for electricity.If producers base their output on marginal private cost,how much electricity is produced per month?


A) 0 kilowatt-hours
B) 50 million kilowatt-hours
C) 75 million kilowatt-hours
D) between 0 and 50 million kilowatt-hours
E) between 50 and 75 million kilowatt-hours

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