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Which of the Following Can Provide Continuous Feedback About Energy

question 19

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Which of the following can provide continuous feedback about energy usage to both consumers and their energy suppliers; thus, allowing electricity utilities to offer electricity at lower prices during periods of low demand?


Definitions:

Marginal Benefits

The incremental satisfaction or benefit a consumer derives from consuming an additional unit of a good or service.

Net Benefits

The total benefits of a decision or project after subtracting all the costs associated with it.

Total Cost

The complete cost of producing a good or service, combining both fixed and variable expenses.

Total Benefit

The sum of all the positive effects or satisfaction received by consuming a product or service.

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