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
Essential Economics For Business
ISBN: 9781292728940
7th Edition
Authors: John Sloman, Elizabeth Jones
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