Economics of Power Generation
When the demand of consumer is not met by a power plant, it will resort to which of the following?

Penalising high load consumers by increasing the charges for electricity
Power factor improvement at the generators
Efficient plant operation
Load shedding

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Economics of Power Generation
Power generation cost reduces as

Diversity factor increases and load factor decreases
Both diversity factor as well as load factor increase
Both diversity favtor as well as load factor decrease
Diversity factor decreases and load factor increases

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