QUESTIONS Suppose the power plant should generate units of electricity. There are 3 alternatives for electricity generat

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Questions Suppose The Power Plant Should Generate Units Of Electricity There Are 3 Alternatives For Electricity Generat 1 (22.21 KiB) Viewed 19 times

QUESTIONS Suppose the power plant should generate units of electricity. There are 3 alternatives for electricity generation - (1) Hydropower. (2) Wind, and (3) Solar PV. Let 91. 92 and 43 denote the electricity generated by each method. The marginal costs of generating electricity are MC4 - 37.3241 (because hydropower has a low initial cost and high average cost because of limited quantity), MC2 - 88 +212 (because the wind has a moderate initial cost and moderate average cost because of higher quantity), and MC3 - 148. 1593 (because solar PV has a high initial cost and low average cost because of unlimited quantity) What is the maximum value of for which the power plant generated electricity only through Hydropower and nothing emer from Wind or Solar PV7