Suppose That the Only Input Used in the Generation of Solar

question 51

Multiple Choice

Suppose that the only input used in the generation of solar energy is sunlight and has a zero cost. The average total cost of producing electricity is

• A) zero.
• B) equal to the marginal cost.
• C) equal to the average fixed cost.
• D) immeasurably high.

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Definitions:

Add

To add means to combine or join something with another, resulting in an increase in quantity, number, or significance.

Simp

A slang term used to describe someone who performs excessive sympathy or attention towards another person, typically someone they're interested in, often disregarding their own needs or interests.

Conj

Short for "conjunction," it refers to a logical connector that combines two statements in such a way that the combined statement is true only if both individual statements are true.

Add

The mathematical process of finding the total or sum by combining two or more numbers.