The Price Effects of Fpc Regulation Comparisons of Regulated Residential And
The Price Effects of Fpc Regulation Comparisons of Regulated Residential And
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To quickly assess the difficulty of the text, read a short excerpt:
We will avoid the artifice here in the simple model, by assuming that the Commis- sion holds profits on regulated sales q to M, so that P q - ocC = M, where ot is the proportion of total costs attri- buted by the F. P. C. To regulated sales.
The profits on industrial sales are not constrained, so that with (footnote continued) Here each class of service receives full capacity supply, and costs of capacity are "shared" in the same way that peak load capacity is shared in optimal electricity pric...ing — with the sum of marginal revenues equal to long run marginal costs. The conditions for setting these prices are unreal, in that the two classes of sales are segmented by period and both classes fill the pipeline to capacity; more probably if not likely, residential sales fill the line in some periods and push industrial sales to other periods. Then q^ k and q^ ^ K, so that without 2!f (1+ 1/62) 1 1 dC P = P + (ac/dq - dC/bq ) + (6) ^ (1+ 1/e^) (1+ 1/e^) ^ ^ (1+ 1/e^) dK and the residential consumers pay for all of the additional costs of capacity.
What to read after The Price Effects of Fpc Regulation Comparisons of Regulated Residential And?
You can find similar books in the "Read Also" column, or choose other free books by Paul W Macavoy to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
We will avoid the artifice here in the simple model, by assuming that the Commis- sion holds profits on regulated sales q to M, so that P q - ocC = M, where ot is the proportion of total costs attri- buted by the F. P. C. To regulated sales.
The profits on industrial sales are not constrained, so that with (footnote continued) Here each class of service receives full capacity supply, and costs of capacity are "shared" in the same way that peak load capacity is shared in optimal electricity pric...ing — with the sum of marginal revenues equal to long run marginal costs. The conditions for setting these prices are unreal, in that the two classes of sales are segmented by period and both classes fill the pipeline to capacity; more probably if not likely, residential sales fill the line in some periods and push industrial sales to other periods. Then q^ k and q^ ^ K, so that without 2!f (1+ 1/62) 1 1 dC P = P + (ac/dq - dC/bq ) + (6) ^ (1+ 1/e^) (1+ 1/e^) ^ ^ (1+ 1/e^) dK and the residential consumers pay for all of the additional costs of capacity.
What to read after The Price Effects of Fpc Regulation Comparisons of Regulated Residential And?
You can find similar books in the "Read Also" column, or choose other free books by Paul W Macavoy to read onlineMoreLess
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