Read the scenario. A city has only one electric company. Because of the cost of building a new power grid, no company can ever move in to compete. To protect consumers, the government sets a limit on the amount a single power company can charge its customers. What type of economy is represented in this scenario? a command b developing c mixed market d traditional

Answers

Answer 1

Answer:

A. Command

Explanation:

This is a commanded economy since the government restricts most options in this city. The government sets a limit on the amount a single power company can charge its customers. This is why no company can ever move in to compete and the answer is A. Command.

Answer 2

Answer:

A

Explanation:


Related Questions

what is the source of energy or heat in the geosphere? what heats it up? ​

Answers

Answer:

the sun

Explanation:

The sun is the major source of energy for the Earth system. Heat from Earth's interior also supplies energy, but the amount of energy is much smaller. Energy from the sun and from Earth's interior moves through the geosphere, hydrosphere, biosphere, and atmosphere.

Answer:

D: sun

Explanation:

Because the sun is the most powerful source of energy, it is the sun.

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