An engineer has the option of deciding the number of turbines for the power plant he/she works at. Fixed costs and potential power output range are as follows: Number of Turbines Total annual Corresponding power fixed cost (USD) output range (MW) 1 9600 0-300 15000 301-600 20000 601-900 Variable cost is 10 USD/MW and revenue is 40 USD/MW The breakeven point for 1-turbine system is: MW The breakeven point for 2-turbine system is: MW The breakeven point for 3-turbine system is: MW

An engineer has the option of deciding the number of turbines for the power plant he/she works at. Fixed costs and potential power output range are as follows: Number of Turbines Total annual Corresponding power fixed cost (USD) output range (MW) 1 9600 0-300 15000 301-600 20000 601-900 Variable cost is 10 USD/MW and revenue is 40 USD/MW The breakeven point for 1-turbine system is: MW The breakeven point for 2-turbine system is: MW The breakeven point for 3-turbine system is: MW

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 7QAP

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