Public Utilities Are Either Government-Owned or Government-Regulated Firms

question 70

True/False

Public utilities are either government-owned or government-regulated firms.

---

Definitions:

Restrictions

Limitations or constraints imposed on activities, actions, or movements, often by laws, regulations, or policies.

Government Revenue

The income received by the government from taxes, fees, fines, and other sources.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries.

Restrictions

Limitations or conditions placed on activities, transactions, or behaviors to regulate or control their occurrence.