A firm that produces and distributes electricity has mostly


A firm that produces and distributes electricity has mostly fixed costs. It also tends to be the only provider of electricity in its market. This is an example of pure monopoly resulting from the firm:

having economies of scale over the entire range of the market.

owning a key resource.

having the ability to freely enter the market.

having a government-created monopoly.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: A firm that produces and distributes electricity has mostly
Reference No:- TGS01114551

Expected delivery within 24 Hours