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Singapore Power (SP) is the only operator in the domestic electricity market in Singapore. Electricity distribution generally is associated with extremely high economies of scale

Singapore Power (SP) is the only operator in the domestic electricity

market in Singapore. Electricity distribution generally is associated with

extremely high economies of scale because of the infrastructure (a

nationwide power grid) needed to deliver power to individual

households.

Using the theory and models of market structure, examine

this firm.

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