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Chapters 13 14 15 & 16 Question 22 of 50 This question: 1 point(s} possible Submit test Solar and wind got so cheap, so fast.

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Chapters 13 14 15 & 16 Question 22 of 50 This question: 1 point(s} possible Submit test Solar and wind got so cheap, so fast. Solar panels and wind turbines are more efficient than they used to be and they cost less to produce Source: The Atlantic, December 2 3015 How do the facts reported in the nows clip affect the short-run and long-nin average total cost of producing electricity? How do they affect the marginal cost of producing electricity? The decrease in the production cost of solar panels and wind turbines Q A does not change the average fixed cost of producing electricity because the solar panels and wind turbines are vansable inputs O B. decreases the average find cost of producing electricity but increases the average variable cost because more cinctricity is produced @) Go decreases the average total cost of producing electricity and increases the long-nin average cost Q D. decreases the average fixed cost, average total cost, and long-run average cost of producing electricity O E. decreases the long-run average cost of producing electricity but increases the average total cost of producing electricity in the short run With greater efficiency in producing electricity using solar panels and wind turbines, the marginal cost of producing electrialy O A may decrease although marginal cost is already close to zero before using the more efficient equipment OfB, becomes equal to long-run average cool O C. Is maximized O D. becomes negative Next

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