Published by at August 27, 2018 Managerial Economics Punggol Power Co. (PPC) operates two power plants: a 15,000 kWh fuel oil plant, and a 5,000 kWh natural gas plant. The kWh figures refer to the plant’s maximum generating capacity. At current fuel prices, it costs $0.15 to generate 1 kWh from the fuel oil […]