If the Marginal Private Cost of Producing One Kilowatt of Power

question 10

Multiple Choice

If the marginal private cost of producing one kilowatt of power in British Columbia equals five cents and the marginal social cost of each kilowatt equals nine cents,then the marginal external cost equals ________ per kilowatt.

• A)five cents
• B)nine cents
• C)four cents
• D)fourteen cents
• E)forty-five cents

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Definitions:

Young Children

Refers to individuals in the early stages of life, typically considered to be between infancy and the early school years.

Older Children

Refers to children typically in the later stages of childhood, approaching adolescence, often characterized by more advanced cognitive and social development compared to younger children.

Common

Referring to something that occurs frequently or is widely accepted or shared.

Right- and Left-Handedness

The preference most people show for using one hand over the other, often evident in tasks such as writing.