An artisanal manufacturing plant has 30 horsepower of connected load and consumes 2,800 kilowatt-hours monthly. The shop buys electricity at monthly rates in brackets as shown in the table below.. A. Compute for the monthly electricity bill. Determine the average cost and marginal cost. $0.086/kilowatt-hour Frist 50 kilowatt-hour per horsepower of connected load Next 50 kilowatt-hour per $0.066/kilowatt-hour horsepower of connected load Next 150 kilowatt-hour per $0.040/kilowatt-hour horsepower of connected load Above 250 kilowatt-hour $0.037/kilowatt-hour per horsepower of connected load

An artisanal manufacturing plant has 30 horsepower of connected load and consumes 2,800 kilowatt-hours monthly. The shop buys electricity at monthly rates in brackets as shown in the table below.. A. Compute for the monthly electricity bill. Determine the average cost and marginal cost. $0.086/kilowatt-hour Frist 50 kilowatt-hour per horsepower of connected load Next 50 kilowatt-hour per $0.066/kilowatt-hour horsepower of connected load Next 150 kilowatt-hour per $0.040/kilowatt-hour horsepower of connected load Above 250 kilowatt-hour $0.037/kilowatt-hour per horsepower of connected load

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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