Names the entities that provide two essential utilities for a residence - for example, electricity, Internet, phone service, gas, and water. Identify and briefly describe these two entities, and then analyze the market for each of these two services.

Be sure to address each of the following questions in your discussion response:

• Does the local government influence the operations of this business?
• How many (if any) suitable alternatives exist for this utility company?
• How much of the local market has this utility company commandeered?
• What barriers to entry exist for new companies looking to compete with this utility company?
• In your opinion, which market structure best describes the industry in which this utility company operates? Why?