eliperez1751 eliperez1751
  • 03-02-2020
  • Business
contestada

The market for electricity is characterized by very high fixed costs and relatively low marginal costs. Do you expect that many firms will enter this market in the long run

Respuesta :

kaympoey08
kaympoey08 kaympoey08
  • 05-02-2020

Answer:

The answer is no

Explanation:

High fixed costs and relatively low marginal costs are barriers to entry into the electricity market. Only a few firms might enter the market.

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