Cogeneration Refers to

question 11

Multiple Choice

Cogeneration refers to

• A) production of both electricity and usable steam or hot water by the same facility.
• B) cooperative efforts between power producers and consumers aimed at sharing profits from energy sales.
• C) sale of electrical power by consumers back to the electrical grid.
• D) the production of electricity using several different fuel sources at a single facility.

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Definitions:

Total Utility

The overall satisfaction or happiness received from consuming a certain amount of goods or services.

Marginal Utility

The extra pleasure or benefit obtained from consuming an additional unit of a product or service.

Total Utility

The total satisfaction or benefit that a consumer derives from consuming a certain quantity of goods and services.

Marginal Utility

The change in total satisfaction or pleasure derived from consuming one more unit of a good or service.