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Isabel Martin
on Nov 26, 2024

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To control production costs in the face of huge intraday fluctuations in electricity demand, electricity companies often

A) operate all plants at full capacity.
B) operate all plants at less than full capacity.
C) produce at several plants with different operating costs.
D) produce at one plant with the lowest possible operating cost.

Intraday Fluctuations

Variations in the price of stocks, commodities, or indexes within a single trading day, driven by market news, rumors, or trading activities.

Electricity Demand

The total amount of electrical power required by consumers and businesses at any given time.

Operating Costs

Expenses associated with the day-to-day functioning of a business, such as wages, rent, and utilities.

  • Gain insights into how electricity companies manage production costs amidst demand fluctuations.
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SUPRIYA SALUNKENov 27, 2024
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