sphumeleletukane sphumeleletukane

09-05-2024
Business

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options best explains what will happen in the market for Eskom-supplied electricity following
the installation of solar systems by many South Africa, ceteris paribus.
○ a.
The equilibrium price of Eskom-supplied electricity will decrease, while the
equilibrium quantity increases.
Ob.
The equilibrium price of Eskom-supplied electricity will increase, while the
equilibrium quantity decreases.
C.
Both equilibrium price and quantity of Eskom-supplied electricity will decrease.
○ d.
Both equilibrium price and quantity of Eskom-supplied electricity will increase.
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