An artisanal manufacturing plant has 30 horsepower of connected loadand consumes 2,800 kilowatt-hours monthly. The shop buys electricity atmonthly rates in brackets as shown in the table below.. A. Compute forthe monthly electricity bill. Determine the average cost and marginal cost.$0.086/kilowatt-hourFrist 50 kilowatt-hour perhorsepower of connectedloadNext 50 kilowatt-hour per $0.066/kilowatt-hourhorsepower of connectedloadNext 150 kilowatt-hour per $0.040/kilowatt-hourhorsepower of connectedloadAbove 250 kilowatt-hour$0.037/kilowatt-hourper horsepower ofconnected load B. If the owner of the plant wants to increase production per day, this willconsume an extra 1,200 kilowatt-hours per month, what do you call thislowest possible "cost" of this additional energy? What is its value inkilowatt-hour?

Given, A consumer consumes 2,800 kW hours monthlyManufacturing load of the plant is 30…

An artisanal manufacturing plant has 30 horsepower of connected load and consumes 2,800 kilowatt-hours monthly. The shop buys electricity at monthly rates in brackets as shown in the table below.. A. Compute for the monthly electricity bill. Determine the average cost and marginal cost.

An artisanal manufacturing plant has 30 horsepower of connected load and consumes 2,800 kilowatt-hours monthly. The shop buys electricity at monthly rates in brackets as shown in the table below.. A. Compute for the monthly electricity bill. Determine the average cost and marginal cost.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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