In 2012, which of the following sources of energy contributed the largest share in U.S. electricity generation?
A. Petroleum
B. Nuclear
C. Hydropower
D. Natural gas
D. Natural gas
You might also like to view...
Firms with market power offer a differentiated product in order to
a. follow the trends b. increase market power c. support its contractors in low-wage countries d. fill up costly warehouses e. All of the answers are correct.
In the long run, an expansionary monetary policy will lead to: a. a decrease in aggregate expenditure. b. an increase in unemployment
c. an increase in the price level. d. an increase in potential output. e. a decrease in the price level.
A monopolist faces a marginal revenue curve that is below the demand curve, resulting in the production of an allocatively efficient quantity
a. True b. False Indicate whether the statement is true or false
Refer to the graph shown. If this monopolist were forced to set price equal to marginal cost, in the long run it probably would produce:
A. 400 units of output. B. 0 units of output. C. 200 units of output. D. 450 units of output.