The Country of Delta Has Two Electricity-Generating Plants

question 22

Multiple Choice

The country of Delta has two electricity-generating plants. One is located near a dam that has a reservoir that can be used to generate electricity hydroelectrically. The other plant must burn high-priced oil to generate power. Which firm should have the lower LRAC?

• A) the hydroelectric plant
• B) the oil-burning plant
• C) There is not enough information to answer the question

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Definitions:

Emancipation

The act of freeing someone from slavery or oppression; often refers to the abolition of slavery in the United States.

Emancipation Proclamation

A historic executive order issued by President Abraham Lincoln in 1863, declaring the freedom of all enslaved people in Confederate states during the American Civil War.

Foreign Support

Assistance or backing provided by entities or governments from countries other than one's own.

Border States

The slave states that did not declare secession from the Union during the U.S. Civil War, including Delaware, Maryland, Kentucky, and Missouri, which were of strategic importance.