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

Multiple Choice

Exhibit 17.1

-Refer to Exhibit 17.1 which shows a market for electricity.The socially efficient price and level of output are _____

A) $0.10 and 75 million kilowatt hours, respectively.
B) $0.15 and 75 million kilowatt hours, respectively.
C) $0.10 and 50 million kilowatt hours, respectively.
D) $0.15 and 50 million kilowatt hours, respectively.
E) less than $0.10 and more than 50 million kilowatt hours, respectively.