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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
A pumped storage reservoir used regularly by an electrical utility is efficient for the utility to operate
A) even if it takes twice as much electricity to operate as it generates.
B) only if it generates more electricity in the long run than it uses up.
C) only if it generates more electricity in the short run than it uses up.
D) only if the second law of thermodynamics ceases to hold.
E) only when the utility ignores sunk costs.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 143 times
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Answer verified by a subject expert
Chimelo46Chimelo46
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Posts: 5641
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
Happy to assist!
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