1) Marginal cost (MC) of a generator is(q)=5q+50INR/MW. If, for a perfectly competitive market, MCP is 100...

1) Marginal cost (MC) of a generator isπ(q)=5q+50INR/MW. If, for a perfectly competitive market, MCP is 100 INR/ MW, what is the marginal revenue of that generator?

Three Gencos (all having infinite power generating capacity) provide bids into market as follows : Genco A: 10 INR/MW , Genco B : 5 INR/MW , Genco C: 5 INR/MW

Calculate MCP for inelastic demand of 10 MW.

Answer rating: 100% (QA)

1 100 INR Marginal reven... View the full answer