Question

Economies of scale in nuclear power plants exist because of A. more efficient plant management. B....

Economies of scale in nuclear power plants exist because of

  • A. more efficient plant management.

  • B. a better understanding of the plant's idiosyncrasies, or learning-by-doing.

  • C. nuclear power technology changes.

  • D. both A and B.

Homework Answers

Answer #1

option d is correct i.e both a and b is correct

economic of scale refers to the cost advantage that enterprises obtain due to their scale of operation, with cost per unit of output, decreasing with increasing scale, in above options cost can be controlled by efficient plant management and in option b if we have a better understanding then we can extract maximum energy from the plant without wasting it i.e fully utilization of nuclear resource and thus save cost

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question 6 A​ country's Energy Information Administration monitors all nuclear power plants operating in that country....
Question 6 A​ country's Energy Information Administration monitors all nuclear power plants operating in that country. The table below lists the number of active nuclear power plants operating in each of a sample of 10 states. State Number of Power Plants 1 5 2 5 3 9 4 8 5 4 6 4 7 2 8 3 9 13 10 3 Eliminate the smallest and largest values from the data set. Then, find the​ mean of this data set. (Round...
10) which one is not correct about barriers to entry? a- Economies of scale act as...
10) which one is not correct about barriers to entry? a- Economies of scale act as a barrier to entry because firms must be able to produce at least the minimum efficient scale in order to minimize costs b- An increase in demand can reduce the importance of economies of scale as a barrier to entry c- Sunk costs can never affect the existence of barriers to entry and exit d- Production technologies can account for the gap between average...
Economies of scale can be caused by: a. ​higher information costs as a firm expands. b....
Economies of scale can be caused by: a. ​higher information costs as a firm expands. b. ​the use of larger, more specialized machines. c. ​a decrease in plant size. d. ​short-run increases in marginal productivity. e. ​bureaucratic red tape as a firm expands.
Calvin Cliffs Nuclear Power Plant, located on the Hobbes River, generates 1.00 GW of power. In...
Calvin Cliffs Nuclear Power Plant, located on the Hobbes River, generates 1.00 GW of power. In this plant, liquid sodium circulates between the reactor core and a heat exchanger located in the superheated steam that drives the turbine. Heat is absorbed by the liquid sodium in the core, and released by the liquid sodium (and into the superheated steam) in the heat exchanger. The temperature of the superheated steam is 500 K. Heat is released into the river, and the...
One reason why diseconomies of scale may arise is because: Select one: a. layers of management...
One reason why diseconomies of scale may arise is because: Select one: a. layers of management may have become more difficult to control. b. labour would be more productive in a larger sized firm. c. machinery breaks down more frequently in larger firms. d. the law of diminishing returns applies.
Regulators are considering controlling the emissions from two local power plants. The marginal benefits (the demands...
Regulators are considering controlling the emissions from two local power plants. The marginal benefits (the demands for emissions) derived by these plants from being able to produce a given quantity of emissions are 400 − 10A for the first plant and 400 − 8B for the second plant. (a) Graph both of these marginal benefit curves, being careful to label your axes and intercepts. How much does each individual plant choose to emit in the absence of regulation? (b) Find...
Included among the reasons why less developed economies tend to have more informal activity than more...
Included among the reasons why less developed economies tend to have more informal activity than more developed economies is: Select one: a. developing economies’ formal institutions are more economically efficient. b. lower levels of income make complying with rules, regulations, laws, and social norms relatively easier in developing economies. c. informal institutions are more likely to clash with formal institutions because developing countries’ formal institutions have been recently established while their informal institutions are based on ancient traditions and customs....
1: MC increases because a. labor is paid overtime wages when volume increases. b. in the...
1: MC increases because a. labor is paid overtime wages when volume increases. b. in the short run, MC always increases. c. the law of diminishing returns takes effect. d. MC naturally increases as firms nears capacity 2: The marginal cost (MC) will intersect the average variable cost curve (AVC): a. when the average variable cost (AVC) curve is rising b. where average variable cost curve (AVC) equals price. c. at the minimum point of the average variable cost (AVC)...
Please explain thoroughly. Which of the following is true about cost functions? (a) Economies of scale...
Please explain thoroughly. Which of the following is true about cost functions? (a) Economies of scale exist if a firm’s average cost curve is everywhere downward sloping (b) An example of exploiting economies of scope is a producer of shampoo also making con- ditioner (c) Both ‘a’ and ‘b’ (d) Neither ‘a’ nor ‘b’ Which of the following is true about price discrimination? (a) A monopolist that price discriminates has to worry about arbitrage between high and low types (b)...
B. A regional electric utility currently relies on natural gas for power generation. It has 200...
B. A regional electric utility currently relies on natural gas for power generation. It has 200 Mw of natural gas capacity that is running on an average of 30 percent efficiency. It is studying options for supplying additional power to its customers. It has all of the following options: Coal:   A 50 megawatt (Mw) coal plant with a capital cost of $50 million and operating costs of $5 million per year plus the cost of coal. The coal plant would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT