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45) If low cost solar power were to become a viable energy source in households across the U.S., what would be the economic impact on energy prices? Energy costs across the country would increase with adoption of the new energy source. Prices would decrease as competition increases in energy production. Prices for energy would not change Prices would increase as this is a new energy source

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Answer #1
Prices would decrease as competition increases in energy production.
The low cost solar power would lead to less energy costs and thereby existing competitors would need to reduce energy prices.
Option 2 is correct
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