Recall the Application about the reduction in costs of generating solar power to answer the following
question(s) .
-Recall the Application. Suppose that the fuel used is the only input used in the generation of solar energy is sunlight and has a zero cost. The average total cost of producing electricity is:
A) zero.
B) equal to the marginal cost.
C) equal to the average fixed cost.
D) immeasurably high.
Correct Answer:
Verified
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