There Has Been Much Discussion of Deregulating Electricity and Natural

question 93

Essay

There has been much discussion of deregulating electricity and natural gas delivery companies in the United States.Using your understanding of monopolies,discuss the likely effect of deregulation on prices in these two industries.

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Definitions:

Fluid Intelligence

The ability to reason and solve new problems independently of previously acquired knowledge.

Knowledge

Information, understanding, or skill that one gets from experience or education; awareness of a fact or situation.

Western Cultures

Societies primarily found in North America and Western Europe, characterized by values such as individualism, democracy, and capitalism.

Older Age

A stage in the later part of life, often associated with retirement, increased leisure time, and in some cases, decreased physical capabilities.