The quantity of electricity generated is <u>300</u> kilowatts a day and the price of electricity is<u> 12 </u>cents a kilowatt.
The pollution tax is <u>6 </u>cents a kilowatt.
The tax revenue is $<u> 18</u> a day.
Coal-fired power plants generate electricity by burning coal in a boiler to produce steam. The generated steam flows into the turbine under enormous pressure, driving the generator to generate electricity. The steam is then cooled, condensed and returned to the water, then returned to the boiler, and the process restarted from the beginning.
In the United States, coal is mainly used as a fuel for power generation. Coal-fired power plants burn solid coal, solid coal, and lignite. The heat from burning coal is used to turn water into high-pressure steam, which turns a turbine to generate electricity.
Learn more about pollution tax here: brainly.com/question/24704410
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Answer:
Option E All the statements are correct.
Explanation:
The reason is that the company which practices perfect price discrimination is the one which is charging different to different customers. So the prcie that the firm charges the price that the customer is willing to pay. This is very common in markets the seller present a number of products and quotes a higher price and then have a healthy conversation with you and then agrees the price. Some people agree at the spot and some agree by heavy debate and forces the seller to reduce the cost otherwise the customer is going away. So this means the company is charging reservation price, takes all the consumer surplus from consumer and captures the social gain which is the maximum gain possible to extract from the person.
Due to charging different prices to different customers the production is almost average and this constitutes to the quantity that it would had produced if it was operating in the competitive market.
So all the answer are correct here.
By the looks of it you already got it taken care of but thanks for the points ;)
It would be overdraw because you’re gonna take money out of your bank account etc.
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