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Question
Which of the following is true with regard to the costs of subsidization?
a) Subsidization in the form of high feed-in tariffs lowers electricity prices.
b) U.S. consumers had benefited from the cost-efficient location of production in China even though it meant the loss of high-paying jobs in the United States.
c) The demand-side subsidies increased the negative externalities from emissions.
d) Renewable energy production such as solar and wind power was cost competitive and hence was not dependent on subsidies.
Answer
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Related questions
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