Assume that the electricity from nuclear power has become a preferred source of electricity because it is cleaner than electricity produced by burning coal. At the same time, new regulations make it more expensive to produce electricity from nuclear power. What are the consequences?

Question

Business

Ryleigh Gay

19 May, 23:42

Assume that the electricity from nuclear power has become a preferred source of electricity because it is cleaner than electricity produced by burning coal. At the same time, new regulations make it more expensive to produce electricity from nuclear power. What are the consequences?

+5

Answers (1)

Know the Answer?

Brynn Henry · Answer 1

The answer to this question can be described as follows:

Explanation:

In the given statement some information is missing that is choices so, the correct choice can be described as follows:

The most important source of electricity is nuclear energy. It will boost demand for the nuclear energy century of electric power. The demand curve also is moving to the right. At the very same time, it increases in power generation rates would also increase the cost of energy generation via nuclear power plant. This will lead to a shift to the left. The nuclear demand curve will change to just the right and the nuclear power source will switch to the left. It will lead to an increase in the balance cost value with an uncertain shift in the balance quantities.