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-The Figure Above Shows the Marginal Social Cost Curve of Generating

Question 119

Multiple Choice

  -The figure above shows the marginal social cost curve of generating electricity,the marginal private cost curve,and the demand curve.If the market is competitive and unregulated,the equilibrium price is ________ per kilowatt hour and the equilibrium quantity is ________ billion kilowatt hours per day. A)  10¢; 200 B)  15¢; 150 C)  20¢; 200 D)  20¢; 100 E)  7.5¢; 150
-The figure above shows the marginal social cost curve of generating electricity,the marginal private cost curve,and the demand curve.If the market is competitive and unregulated,the equilibrium price is ________ per kilowatt hour and the equilibrium quantity is ________ billion kilowatt hours per day.


A) 10¢; 200
B) 15¢; 150
C) 20¢; 200
D) 20¢; 100
E) 7.5¢; 150

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