Question

How do you think changes in technology will affect the market structure of the power generation...

How do you think changes in technology will affect the market structure of the power
generation industry?

Homework Answers

Answer #1

Changes in technology will affect the market structure of power generation industry. Improvement in technology and installation of latest technology will help the industry to produce more efficiently and increase its power generation. When the industry will be able to increase its production, it will be able to capture large market share and increase its reach. In this way, market structure of power generation industry will become more stable and profitable.

Hence, we can say that technological changes are in favor of power generation industry and is beneficial to it in improving it's market structure.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What do you think is the next disruptive technology, how will it affect our lives, and...
What do you think is the next disruptive technology, how will it affect our lives, and how, as a business, can we take advantage of it?
how do changes in the factors that affect demand or supply affect the market price and...
how do changes in the factors that affect demand or supply affect the market price and quantity of good ? how do markets allocate resource?
What do you think about the Millennial generation and how their behavior is influences? Do you...
What do you think about the Millennial generation and how their behavior is influences? Do you consider their entitled and anti-social behavior as dysfunctional?
How do changes in the market interest rate affect business spending and consumer spending?
How do changes in the market interest rate affect business spending and consumer spending?
How much power do you attribute to the president in terms of his/her ability to affect...
How much power do you attribute to the president in terms of his/her ability to affect the economy? If the economy continues to grow significantly under Donald Trump, do you think his approval ratings will improve?
1) How did the subprime market crash affect the normal market for housing 2) Do you...
1) How did the subprime market crash affect the normal market for housing 2) Do you think the subprime loan mortgage program was a good idea and why
Do you think that we should aim for inflation or deflation in our economy? How does...
Do you think that we should aim for inflation or deflation in our economy? How does technology and IT affect supply and demand? Will better IT change market equilibrium? Why do some communist countries still survive?
How do you think a country's economy affect bond valuation?
How do you think a country's economy affect bond valuation?
Do you think factory employees would typically be more resistant to changes in production methods, changes...
Do you think factory employees would typically be more resistant to changes in production methods, changes in structure, or changes in culture? Why? What steps could managers take to overcome this resistance?
How do you think changes in the skill sets of workers will impact how workers will...
How do you think changes in the skill sets of workers will impact how workers will be paid?