The presence of different technologies can allow greater efficiency be

The presence of different technologies can allow greater efficiency because one technology is better at peak times and the other is better at all times.

Indicate whether the statement is true or false

ANSWER

T The high-fixed-cost technology usually will be run all the time, even at the off peak, while a low-fixed-cost technology can serve more economically only at the peak times because it is less costly to have that technology idle.