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Electric companies tend to be either private monopolies or publicly owned. Neither fits in with the standard model of American business. Why not? Select answer
Electric companies tend to be either private monopolies or publicly owned. Neither fits in with the standard model of American business. Why not? Select answer from the options below Voters do not know their own interests and will be fooled by corporations or politicians. The infrastructure of an electric company is so expensive that rival networks are inefficient, favoring monopolies. Consumers need the price of so necessary a good to be as low as possible, favoring government ownership. Monopolies arise because all electricity is alike and companies cannot compete on quality. Government operations arise because generating electricity is so expensive. Everyone is greedy. Businesses grab for market control and governments grab for power
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