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Which one of the following statements on levelized cost is correct? a. Natural gas has a high levelized cost comparing to coal b. C.

Which one of the following statements on levelized cost is correct? a. Natural gas has a high levelized cost comparing to coal b. C. It is able to reflect different characteristics of fuels It compares the discounted average cost of generating electricity using different fuels over the plant's lifetime d. It reflects unpriced externality costs

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