Multiple Choice
-The figure above shows the marginal social cost curve of generating electricity and the marginal private cost curve. The marginal cost borne by producers when 100 billion kilowatt hours are produced is
A) 10 cents per kilowatt hour.
B) 15 cents per kilowatt hour.
C) 5 cents per kilowatt hour.
D) 0 cents per kilowatt hour.
E) 20 cents per kilowatt hour.
Correct Answer:
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