-The Figure Above Illustrates the Gasoline Market

question 37

Multiple Choice

-The figure above illustrates the gasoline market.There is no external benefit from gasoline.If this market is left unregulated and no pollution tax is imposed,the equilibrium quantity of gasoline is

• A) 0 gallons.
• B) 5 million gallons.
• C) 10 million gallons.
• D) 20 million gallons.
• E) 15 million gallons.

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Definitions:

Full-load Speed

The speed at which a motor operates when it is carrying its rated load.

Label Designation

A system of identifiers assigned to items to indicate information such as control function, component type, and usage.

Stator

The stationary part of an electric motor or generator, containing coils of wire.

Conduit Box

An enclosure attached to electric motors or other equipment that allows for the connection and protection of wiring.