Question
In a wholesale market during a 15 minute time interval, the generators bid as follows:GeneratorABCDEFGAmount to sell in MWh30015015030024025080Price $/MWh5867768897109112.In the same market, the retailer
In a wholesale market during a 15 minute time interval, the generators bid as follows:GeneratorABCDEFGAmount to sell in MWh30015015030024025080Price $/MWh5867768897109112.In the same market, the retailer company bids areRetailer123456789Amount to buy in MWh1501802703009090210120180Price $/MWh5263688897104106108112.Find the market price and the total amount of electricity bought/sold.
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Research Methods for Business A Skill Building Approach
Authors: Uma Sekaran, Roger Bougie
7th edition
978-1-119-2668, 1119165555, 1119165552, 9781119266846, 111926684X, 978-1119165552
