Economists Favor the Use of Peak-Load Pricing Since It Can

question 196

Multiple Choice

Economists favor the use of peak-load pricing since it can

• A)improve the equity of the distribution of income.
• B)enhance the efficiency in the use of scarce resources.
• C)improve the profit levels of corporations.
• D)result in lower levels of pollution.

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Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public, by practicing sustainable development and ethical practices.

Performance Measure

A metric or indicator used to gauge the efficiency, effectiveness, or success of an organization's activities.

Manufacturing Capacity

The maximum volume of products that can be produced in a given period under normal working conditions.

Overall Equipment Effectiveness

A measure of manufacturing productivity that combines availability, performance, and quality metrics of equipment.