Increasing Energy & Wealth: How to Maximize kWh/O,4$/Year/Person

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The discussion revolves around understanding the implications of energy pricing on productivity and wealth generation. Participants are questioning the meaning of "highest possible" price in relation to energy costs and their impact on economic activity. It is suggested that when energy expenses exceed a certain threshold, individuals may be better off not engaging in productive activities. The conversation highlights a specific price point of $0.4/kWh, equating to approximately €0.29/kWh, as a critical threshold. Overall, the focus is on determining the balance between energy costs and economic productivity.
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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?
 

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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.
 
Isn't the highest possible price 0,4$/kWh
0,4$/kWh = O,29€/kWh?
 
Donna14 said:
Isn't the highest possible price 0,4$/kWh
0,4$/kWh = O,29€/kWh?

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

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