1. If, over time, consumers are encouraged to switch their consumption to off-peak periods, what will happen...

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1. If, over time, consumers are encouraged to switch their consumption to off-peak periods, what will happen to peak and off-peak prices?
2. To what extent is peak-load pricing in the interests of consumers?
3. Is total consumption likely to be higher or lower with a system of peak and off-peak prices as opposed to a uniform price at all times?

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Related Book For  answer-question

Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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