Question

Just a simple economic question: what ia the market structure of electricity retail market? In my...

Just a simple economic question: what ia the market structure of electricity retail market?

In my opinion i think is monpoly competion because it has few market and hard new enery.

Just ask for opinions thx

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer : Electricity retail market is an example of natural monopoly. High infrastructure cost and high entry barrier exist in natural monopoly. Due to high entry barrier the electricity company provide the whole market supply of electricity. When selling of electricity unit increase then the infrastructure cost decrease because average cost continuously spread to overall production level. The electricity company also charge high price for per electricity unit based on demand. As a result, the electricity company always earn super normal profit. Hence the electricity market is a market structure of natural monopoly.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Paraphrase material below One thing that captured my attention was self efficacy. I believe that this...
Paraphrase material below One thing that captured my attention was self efficacy. I believe that this will be important to my learning outcomes as I continue my education in grad school. I need to be more confident in the work that I produce because I know that I work hard on it. So, if I practice self efficacy a little more I believe reaching my learning outcomes may not be so stressful. The second thing that captured my attention was...
Question 1 1) Monopolists have a 100% market share or a more than 50% market share...
Question 1 1) Monopolists have a 100% market share or a more than 50% market share ( a near monopoly in the US). Market share measures: a. the total sales of a business b. the growth of sales of a business over a year c. the sales of a business as a percentage of total sales in a market d. the profits of a business as a percentage of total profits in a market 20 points Question 2 2) In...
I'm having a really hard time with my financial calculator/ excel. I just need the answers...
I'm having a really hard time with my financial calculator/ excel. I just need the answers $ and % Market Value Capital Structure Suppose the Schoof Company has this book value balance sheet: Current assets $30,000,000 Current liabilities $10,000,000 Fixed assets 50,000,000 Long-term debt 30,000,000   Common stock   (1 million shares) 1,000,000 Retained earnings 39,000,000 Total assets $80,000,000 Total claims $80,000,000 The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 9%, the...
What do you think of eac of these ideas? Do you agree or disagree for each...
What do you think of eac of these ideas? Do you agree or disagree for each one give the answer in full sentences 1. I do find his approach of deductive reasoning as a replacement of inductive reasoning a valid way to define scientific practice because the process is the process no matter if one is proving something right or wrong. I feel it can be applied to all branches and should be because as states in the reading it...
In a _______________________, most economic decisions about what to produce, how to produce it, and for...
In a _______________________, most economic decisions about what to produce, how to produce it, and for whom to produce it are made by governments rather than sellers and buyers. Question 1 options: 1) market-oriented economy 2) microeconomy 3) macroeconomy 4) command economy Which of the following is most likely a topic of discussion in macroeconomics? Question 2 options: 1) an increase in the price of a hamburger 2) a decrease in the production of DVD players by a consumer electronics...
This is an interpretive gramar question. Select the correct versions of the following sentences. There are...
This is an interpretive gramar question. Select the correct versions of the following sentences. There are multiple correct answers. Please check all that apply. 1. Your free to complete the task however you wish, just don't blame me because it takes five years. Your free to complete the task, however, you wish; just don't blame me, because it takes 5 years. You're free to complete the task however you wish; just don't blame me because it takes five years. You're...
I already have the answers. I just need to know how to get them Questions 34...
I already have the answers. I just need to know how to get them Questions 34 – 35: Residential Development A new residential development is being considered in a suburban district of a city. The question which the city planning committee would like to be answered is how big this residential development should be. They want to commission a survey of 400 people living in that district to know what they think. The district is quite cosmopolitan and it is...
Read the Following Case Study and Answer the Question Below Mandy L. Georgia I live near...
Read the Following Case Study and Answer the Question Below Mandy L. Georgia I live near a major highway on a mini-farm with chickens, ducks and goats. I have a domestic partner and two wonderful sons. I now love to sit on my porch, watching the chickens peck the ground and enjoying the sunshine. But, not too long ago, I used to sit on this same porch and think how easy it would be to walk into traffic. I suffer...
As for the sales forecast for Year 1 through Year 3, these are some important variables...
As for the sales forecast for Year 1 through Year 3, these are some important variables I will go to consider for sales: Economy: The economic condition of the city, the province and the country are variables I need to consider for a sales forecast. If conditions are poor, people will spend less money on consumption. If economic conditions are great, then more people will have extra money to spend. Competition: I need to consider the level of competition I...
My Homework: look at any one topic covered in the discussion boards making sure the topic...
My Homework: look at any one topic covered in the discussion boards making sure the topic generated a lot of interesting class participation. Re-read the comments of your peers and your original post: what do you think about the issue now? Has the conversation changed your view point or only strengthened it? Why? Finally, what are the things you can take away from the course overall? Are there specific concepts and ideas that were eye-opening to you personally? Do you...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • 3. A fair coin is flipped 4 times. (a) What is the probability that the third...
    asked 4 minutes ago
  • An engineer wants to know if the mean strengths of three different concrete mix designs differ...
    asked 4 minutes ago
  • The National Football League (NFL) records a variety of performance data for individuals and teams. To...
    asked 14 minutes ago
  • Associated Strategies obtained significant influence over Cece Corporation by buying 30% of Cece’s 50,000 outstanding shares...
    asked 16 minutes ago
  • A survey of 25 randomly selected customers found the ages shown​ (in years). The mean is...
    asked 19 minutes ago
  • (1)         For this discussion, I would like for you to identify and describe two out of...
    asked 21 minutes ago
  • Determine the open intervals on which the graph is concave upward or concave downward. (Enter your...
    asked 21 minutes ago
  • 9- What is the most widely used technique for determining the best combination of debt and...
    asked 21 minutes ago
  • Katsumoto Inc. (Katsumoto) manufactures and sells collectible swords. Katsumoto currently operates at 80% of its 15,000-unit...
    asked 23 minutes ago
  • A researcher wishes to estimate the percentage of adults who support abolishing the penny. What size...
    asked 30 minutes ago
  • Discuss why the longer-term generation of positive free cash flow is important to the providers of...
    asked 35 minutes ago
  • The three main areas for memory in the brain involve the Hippocampus, the Basal Ganglia, and...
    asked 56 minutes ago