Which of the Following Is True with Regard to the Costs

question 16

Multiple Choice

Which of the following is true with regard to the costs of subsidization?

• A) Subsidization in the form of high feed-in tariffs lowers electricity prices.
• B) U.S. consumers had benefited from the cost-efficient location of production in China even though it meant the loss of high-paying jobs in the United States.
• C) The demand-side subsidies increased the negative externalities from emissions.
• D) Renewable energy production such as solar and wind power was cost competitive and hence was not dependent on subsidies.

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Definitions:

Explanation

A statement or account that makes something clear by describing the causes, context, or details behind a situation or phenomenon.

Cheerleading

A dynamic activity involving performance of organized cheering, chanting, and dancing to support sports teams, entertain audiences, and compete.

Physically Demanding

Activities or tasks that require significant physical effort and stamina.

Reasoning

The cognitive process of drawing conclusions from premises or evidence, involving logical thinking and analysis.