multiple choice 37. What is the optimization condition for economically efficient use of energy in production in the sho
Posted: Wed Jul 06, 2022 6:22 pm
multiple choice
37. What is the optimization condition for economically efficient use of energy in production
in the short run?
a. The marginal revenue product equals the price of the input.
b. The total revenue from the production equals the total cost of the input.
c. The average revenue from the production equals the price of the input.
d. Revenue is maximized.
43. Which of the following statements about electricity is correct?a. Electricity is a primary source of energy.b. There are two stages – generation and transmission- necessary to get the electricityfrom the utility provider to the final customer.c. A unique aspect of electricity is that demand must equal supply at each instant.d. Regulated utilities do not maintain excess generating capacity.44. Why does the rate of return (RoR) regulation stimulate more than the efficient level ofcapital investment from the regulated utility companies?a. A state government directly subsidizes capital investments.b. The capture effect rewards capital investment more than other types of investment.c. The RoR is applied to the rate base, which includes capital but not operating costs.d. Regulator salaries increase as capital increases.
43. Which of the following statements about electricity is correct?
a. Electricity is a primary source of energy.
b. There are two stages – generation and transmission- necessary to get the electricity
from the utility provider to the final customer.
c. A unique aspect of electricity is that demand must equal supply at each instant.
d. Regulated utilities do not maintain excess generating capacity.
44. Why does the rate of return (RoR) regulation stimulate more than the efficient level of
capital investment from the regulated utility companies?
a. A state government directly subsidizes capital investments.
b. The capture effect rewards capital investment more than other types of investment.
c. The RoR is applied to the rate base, which includes capital but not operating costs.
d. Regulator salaries increase as capital increases.
33. Which of the following statements about next-generation wind energy is correct?a. They will have a lower capacity factor than current wind energy.b. Offshore wind energy will be much cheaper than onshore.c. Offshore wind has the potential for a higher capacity factor than onshoreinstallations.d. Integrating offshore wind into existing grid infrastructure is easier than foronshore energy
33. Which of the following statements about next-generation wind energy is correct?
a. They will have a lower capacity factor than current wind energy.
b. Offshore wind energy will be much cheaper than onshore.
c. Offshore wind has the potential for a higher capacity factor than onshore
installations.
d. Integrating offshore wind into existing grid infrastructure is easier than for
onshore energy
37. What is the optimization condition for economically efficient use of energy in production
in the short run?
a. The marginal revenue product equals the price of the input.
b. The total revenue from the production equals the total cost of the input.
c. The average revenue from the production equals the price of the input.
d. Revenue is maximized.
43. Which of the following statements about electricity is correct?a. Electricity is a primary source of energy.b. There are two stages – generation and transmission- necessary to get the electricityfrom the utility provider to the final customer.c. A unique aspect of electricity is that demand must equal supply at each instant.d. Regulated utilities do not maintain excess generating capacity.44. Why does the rate of return (RoR) regulation stimulate more than the efficient level ofcapital investment from the regulated utility companies?a. A state government directly subsidizes capital investments.b. The capture effect rewards capital investment more than other types of investment.c. The RoR is applied to the rate base, which includes capital but not operating costs.d. Regulator salaries increase as capital increases.
43. Which of the following statements about electricity is correct?
a. Electricity is a primary source of energy.
b. There are two stages – generation and transmission- necessary to get the electricity
from the utility provider to the final customer.
c. A unique aspect of electricity is that demand must equal supply at each instant.
d. Regulated utilities do not maintain excess generating capacity.
44. Why does the rate of return (RoR) regulation stimulate more than the efficient level of
capital investment from the regulated utility companies?
a. A state government directly subsidizes capital investments.
b. The capture effect rewards capital investment more than other types of investment.
c. The RoR is applied to the rate base, which includes capital but not operating costs.
d. Regulator salaries increase as capital increases.
33. Which of the following statements about next-generation wind energy is correct?a. They will have a lower capacity factor than current wind energy.b. Offshore wind energy will be much cheaper than onshore.c. Offshore wind has the potential for a higher capacity factor than onshoreinstallations.d. Integrating offshore wind into existing grid infrastructure is easier than foronshore energy
33. Which of the following statements about next-generation wind energy is correct?
a. They will have a lower capacity factor than current wind energy.
b. Offshore wind energy will be much cheaper than onshore.
c. Offshore wind has the potential for a higher capacity factor than onshore
installations.
d. Integrating offshore wind into existing grid infrastructure is easier than for
onshore energy