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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
Large and long-continued increases in the demand for electricity will tend to result in
A) a higher cost of generating electricity.
B) a higher price for electricity but no increase in the cost of generating it.
C) a reduction in the quantity of electricity demanded as a consequence of higher prices.
D) an increase in the quantity of electricity demanded and hence a decrease in its price.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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#1
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Another one in the books, marking it solved.
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#3
9 years ago
Another success story!

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