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

question 6

Multiple Choice

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

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

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Definitions:

Importing

The purchase of goods and services from foreign sources.