Energy and wealth

1. Apr 10, 2014

Donna14

1. The problem statement, all variables and given/known data

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2. Relevant equations

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3. The attempt at a solution

Im not sure what they mean with 'highest possible' and how to use the increase of kWh/O,4$/year/person. Can somebody help me? Attached Files: • image.jpg File size: 23.3 KB Views: 84 2. Apr 10, 2014 dauto Above a certain price the energy expenses outweight the wealth that its use can produce. When that happens people will be better off staying at home and doing nothing than trying to be productive. The questions asks what do you think that price is, given the information provided. 3. Apr 10, 2014 Donna14 Isn't the highest possible price 0,4$/kWh
0,4\$/kWh = O,29€/kWh?

4. Apr 10, 2014

dauto

That seems to be the case, doesn't it?