Exhibit 17.1 -Refer to Exhibit 17.1,which Shows a Market for Electricity.The Equilibrium

Multiple Choice

Exhibit 17.1

-Refer to Exhibit 17.1,which shows a market for electricity.The equilibrium price and output (determined exclusively by private decisions) 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.