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Question: It is desired to make a preliminary estimate of the cost of building a 900.MW fuel plant. It is known that a 550 MW plant cost $100 million twenty (20) years ago when the approximate cost index was 450, and that the cost index now 1, 500. The cost capacity factor for a f fuel power plant is 0.78, Estimate the cost in millions of dollars of building the larger power plant today. (Enter your answer as a number that represents millions of dollars without the dollar sign.)

Microeconomics, Economics

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