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Exhibit 17.1 -Refer to Exhibit 17.1 Which Shows a Market for Electricity.If

Question 26

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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 decisions on marginal social cost,the optimal output is _____ 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 decisions on marginal social cost,the optimal output is _____


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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