! Using the following assumptions calculatethe marginal cost of both a simple cycleandcombined cycle gas generator:Simple Cycle hear rate (GJ/MWh) 10Simple Cycle Variable O&M ($/MWh) $3.50Combined Cycle heat rate (GJ/MWh) 7Combined Cycle Variable O&M ($/MWh)$5.00Gas Price ($/GJ) $3.00Tonnes of CO2 per GJ 0.051Carbon Price ($/Tonne of CO2) $20.00a) What is the variable cost of a simple cycleand combined cycle plant?b) What do the differences in variable costsuggest about each technology's capacityfactor?c) What would happen if carbon priceswhen to $170/tonne?d) How do you think a $170/tonne carbonprice would impact electricity prices?

Answer - "thank you for submitting the question.But, we are authorized to solve only 3 subparts.…

Answered: Using the following assumptions…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

The diagram bow depts the demand curve (D), the marginal revenue curve (MRO), the marginal cost curve (MC), the average variable cost con (C) and the (ATC) for a monopoly producing a good named ALPHA2 Based upon the information shown on the graphs, determine the maximum profits of the moneonly knowing that the seat value of Xie 35 247 15 Price 10 54 25 204 40 60 sst 50+ 45 30 x+ MC ATC AVC MR 50 60 70 80 90 100 110 120 130 140 150 160 170
The elasticity of demand is greater than 1. What does that mean??
Consider the supply and demand curves for taxi rides in the attached graph. At the equilibrium quantity of____ Consumers marginal willingness to pay is_____ and the marginal cost of taxi rides is _____per mile.
“A direct inducement that offers an extra value or incentive for the product to thesales force, distributors, or the ultimate consumer with the primary objective of creatingan immediate sale. As an intellectual and dynamic marketer of Singer BangladeshLimited, explain with appropriate examples, what promotional tools you will throw topromote your Television in the rural areas of Bangladesh and how?
Comment on the elasticity of oil demand and the effect of changes in supply on revenue of producers ???
QEYD ET O SUAL 26 40 is any physical good, service, or idea that satisfies a want or need, plus anything that in the eyes of consumers, such as the brand name. caf Telman O CAVAB A sale A test A product A test marketing Активация Windows alki Növbəti Bütün suallar Qeyd olunanlar Cari Vaziyyət 82'F Sunny 4 a ) AZE 15:27 18.06.2021 TOSHIBA INS SCROLL LOCK DEL HOME
Is it the short-run or long-run industry supply that is perfectly elastic?
he quantity demanded each month of Russo Espresso Makers is 250 when the unit price is $136. The quantity demanded ach month is 1000 when the unit price is $106. The suppliers will market 750 espresso makers when the unit price is $80 er higher. At a unit price of $100, they are willing to market 2250 units. Both the supply and demand equations are known o be linear. (a) Find the demand equation. -1 -x + 146 25 p = (b) Find the supply equation. 1 x+ 70 p = 75* (c) Find the equilibrium quantity and the equilibrium price. |× units
1. In 2020 due to state deregulations ride sharing company X managed to lower its price which led to higher quantity demanded of their rides (a movement along the demand curve). The accompanying table describes what happened to prices and the quantity demanded of their service. Using the midpoint method, calculate the price elasticity of demand for the rides. 2008 2012 Quantity demanded (rides) 130 million 420 million Average price (per ride) $25 $15
AaBbCcDc AaBbCcDc AaBbC A- T Normal I No Spac. Heading 1 H- Paragraph Styles 10 (Note: Point A is the midpoint of the demand curve) Demand 0. 2 3456 Pounds of cheese at At Point A the elasticity of demand is-1 Figure 13.3 1) Refer to Figure 13.3. The marginal revenue of the fourth pound of cheese is 2) Refer to Figure 13.3. The marginal revenue of the sixth pound of cheese is 3) Refer to Figure 13.3. This firm's total revenue will be maximized at a price of 4) Refer to Figure 13.3. This firm's marginal revenue will be positive at 5) Refer to Figure 13.3. This firm's marginal revenue will be negative at EAccessibility Investigate Price per unit o87654
e ap sep 0 ja ajaloo Purwas ap o Consider a town in which only two residents, Clancy and Eileen, own wells that produce water safe for drinking. Clancy and Eileen can pump and sell as much water as they want at no cost. For them, total revenue equals profit. The following table shows the town's demand schedule for water. Tab Caps Lock Price (Dollars per gallon) 6.00 5.50 5.00 4.50 Esc is 81°F Sunny 4.00 3.50 3.00 2.50 2.00 1.50 1.00 ! 0.50 0 7 Q A Quantity Demanded (Gallons of water) 0 45 17 F2 8- @ Suppose Clancy and Eileen form a cartel and behave as a monopolist. The profit-maximizing price is $ gallons. As part of their cartel agreement, Clancy and Eileen agree to split production equally. Therefore, Clancy's profit is - C VE 2 W 90 135 S. 180 225 270 315 360 405 450 495 540 F3 0+ #M 3 Total Revenue (Dollars) 0 $247.50 $450.00 $607.50 $720.00 $787.50 $810.00 $787.50 $720.00 $607.50 E F4 BO $450.00 $247.50 0 D $ 4 F5 R F % 5 F6 D T F7 ^ 6 G 4- Y FB J+ & 7 per gallon, and the total…
19. A federal regulatory commission recently charged a nationwide chain store with pressuring manufacturers to supply toys exclusively to its stores. The federal regulatory commission's action is an example of which of the following? A. settling a labor dispute on behalf of workers B. preventing unfair competition in an industry C. fully inspecting products before shipment D. enforcing safety standards for consumers

SEE MORE QUESTIONS

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS