Question
Topic: Market integration Explain the purpose of market integration: 1. Disregard transaction cost 2. Promote competition 3. Sustain great signal for adequate generation 4. Improve
Topic: Market integration
Explain the purpose of market integration:
1. Disregard transaction cost
2. Promote competition
3. Sustain great signal for adequate generation
4. Improve security of supply
Explain the measurement of marker integration:
1. Integration among firms of a market
2. Integration among spatially separated markets.
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Environmental Economics
Authors: Barry Field, Martha K Field
5th Edition
0073375764, 9780073375762
