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In economics, marginal welfare (MW) equals marginal utility (MU) when the additional satisfaction or benefit derived from consuming one more unit of a good or service is equal to the cost or sacrifice required to obtain that unit. This equilibrium point indicates an optimal allocation of resources, where consumers maximize their total utility. When MW = MU, it suggests that resources are being used efficiently, and any deviation would lead to a loss in overall welfare or utility.
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Conversion of MW to MU?
MU= MW x 24(hrs) x 365days) x PLF/1000 where, PLF=plant load factor MW= the value of MW for conversion For example i need to convert 150 MW into MU, if PLF=50% or 0.5. Then, MU= 150MW x 24(hrs) x 365days) x 0.5/1000 = 657MU
How many Chinese mu equals to an acre?
150 acre equals to how many Mu in Chinese
How much does 1 MW equals in terms of KWH of electricity?
1000
In a normal distribution with mu equals 25 and sigma equals 3m what number corresponds to z equals -3?
z = (x-mu)/sigma So x = sigma*z + mu = 3m*(-3) + 25 = -9m + 25
What is MU and MW in electricity?
In electricity, MU stands for "Measurement Unit" and is used to quantify the amount of electricity consumed or produced. MW stands for "Megawatt" and is a unit of power equal to one million watts. MW is commonly used to measure the capacity of power plants or the amount of electricity being generated or consumed at any given moment.
The area under a normal curve with mu equals 8 and sigma equals 3 is?
The area under a normal curve with mu = 8 and sigma = 3 is
Find P 9 x 15 when mu equals 12 and sigma equals 2?
0.8664
Cents per kWh to dollars per MW?
To convert cents per kilowatt-hour (kWh) to dollars per megawatt (MW), you can use the following conversion factors: 1 MW equals 1,000 kW and 1 dollar equals 100 cents. Therefore, to convert cents per kWh to dollars per MW, you multiply the value in cents by 10. For example, if the rate is 10 cents per kWh, it would be equivalent to $100 per MW.
Given mT plus mW equals 180 TUVW must be a parallelogram?
true
The area under a normal curve with mu equals 15 and sigma equals 2 is?
It's just rock and roll...
In a normal distribution with mu equals 25 and sigma equals 6 what number corresponds to z equals 3?
Z = (x-mu)/sigma or 3 = (x - 25)/6 or 18 = x - 25 or x = 42. So, for Z = 3, x = 42.
What is the area under a curve with mu equals 15 and sigma equals 2?
If the question is to do with a probability distribution curve, the answer is ONE - whatever the values of mu and sigma. The area under the curve of any probability distribution curve is 1.
