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The text describes five forces (barriers to entry, cus-tomer power, supplier power, alternate sources, and intensity of competition) that affect a firm's competitive landscape. Required:
The text describes five forces (barriers to entry, cus-tomer power, supplier power, alternate sources, and intensity of competition) that affect a firm's competitive landscape. Required: a. Describe the five forces in the context of an electric utility. b. Use this analysis to argue why electric (and other) utilities are often subject to government regulations
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