Electric Deregulation
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Title: Electric Deregulation

Essay Details:

Subject: Miscellaneous
Author: Beverly R
Date: April 4, 2014
Level: University
Grade: A
Length: 7 / 1986

Essay text:

The control of quantity refers to the government's attempt to control the amount produced. For example, in the electric industry, it does not make sense to have a lot of small power plants produce electricity. However, at the same time one company cannot be allowed to monopolize the industry and set prices at its own discretion. Another factor in this problem is the control of entry and exit in the electric industry. By controlling who can enter the industry, the government can control who produces the electricity and how much of it they produce. The attempt at regulating price in the electric industry is a complex one...

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