Asked by
Alberto Sutton
on Nov 26, 2024Verified
Power plants with the lowest operating costs tend to
A) have the lowest fixed costs in terms of construction.
B) have the highest fixed costs in terms of construction.
C) operate on the smallest scale of energy production.
D) generate the cleanest energy.
Operating Costs
Operating costs are expenses associated with the day-to-day functions of a business, including costs for goods, services, rent, and salaries.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business.
Construction
The process or activity of building structures such as houses, roads, and buildings.
- Determine the circumstances that render various power production alternatives financially viable.
Verified Answer
FO
Learning Objectives
- Determine the circumstances that render various power production alternatives financially viable.