3. Suppose that solar energy were made available at a constant MCsocial just below the preexisting market

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3. Suppose that solar energy were made available at a constant MCsocial just below the preexisting market price in Figure 7.3. Draw a set of graphs similar to those in Figure 7.3 with the appropriate adjustments in the solar energy graph and the market MCsocial curve.

Indicate the appropriate level of energy production from each source. Repeat these steps under the new assumption that the constant MCsocial for solar energy is almost zero.

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