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

question 21

Multiple Choice

-The figure above shows the marginal social cost curve of generating electricity and the marginal private cost curve. The marginal external cost when 200 billion kilowatt hours are produced is

• A) 0 cents per kilowatt hour.
• B) 5 cents per kilowatt hour.
• C) 20 cents per kilowatt hour.
• D) 10 cents per kilowatt hour.
• E) 15 cents per kilowatt hour.

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Definitions:

Formal Hypotheses

Clearly stated scientific predictions that are testable and specify the relationship between two or more variables.

Discussion Section

Part of academic research papers where findings are interpreted, implications are discussed, and conclusions are drawn.

Results Section

The part of a research paper or report where the findings from the conducted analysis are presented and explained.

Statistical Language

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