1. What possible advantages to the consumer could there be in (a) National Grid plc having a...

Question:

1. What possible advantages to the consumer could there be in (a) National Grid plc having a monopoly over the operation of the NTS; (b) BG regaining a monopoly in the supply of gas to domestic households?

2. What are the arguments for and against Ofgem regulating the price of gas supplied to domestic households?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

See More Books

Question Posted: Apr 03, 2019 07:46 AM

See More Questions

What are the possible advantages to the general welfare when firms make their technology automatically available to others (while, of course, charging a price for use of the technology)?
Part I Mindy Feldkamp and her two colleagues, Oscar Lopez and Lori Melton, are personal trainers at an upscale health spa/resort in Tampa, Florida. They want to start a health club that specializes...
What are the advantages and disadvantages of using consumer panels?
What is the "ALDI Way" and what was its quest? Take out costs; eliminate complexity Survival; make enough money to pay overhead costs Increase market share; find more prospective customers Build...
Is "cost-of-goods sold" an expense?
Most managers have no difficulty avoiding blatantly dishonest actions. But sometimes there are gray areas, where it is debatable whether an action is unethical and unacceptable. Suggest an important...
Two conspirators, Timothy Carpenter and Timothy Sanders, were charged with aiding and abetting a robbery affecting interstate commerce and the use or carriage of a firearm. At trial, the FBI...
On January 1, 2012, Crume Incorporated issued bonds with a face value of $100,000, a stated rate of interest of 9 percent, and a five-year term to maturity. Interest is payable in cash on December 31...
1. Explain why all of the following values are equal. What is the value shown in each line below? 9-2 9-x-y 1 dzdydx 9-x2-y2 /9-y2 9-y2-22 2 1 dxdzdy 9-y2 8 3 9-x c9-xz 70 1 dydzdx
Suppose Detweiler Technologies borrowed $2,000,000 on December 31, 2013, by issuing 4 percent long-term debt that must be paid in four equal annual installments plus interest commencing January 2,...
1. Why under this measure do we divide P minus MR by price? 2. What would be the best way of measuring the market power of (a) a pop star; (b) the local football club?
1. In what ways has Microsofts behaviour been (a) Against the public interest; (b) In the public interest? 2. Being locked in to a product or technology is a problem only if such a product can be...
Determine if each of the following costs would be included when calculating accounting profit, economic profit, or both. a. Anna, the owner of a local bike repair shop, uses her time to operate her...
Mrs. Johnson has given you her paystubs. She is a salaried employee and makes $2,400 every two weeks (bi-weekly). What is her gross monthly income?
Suppose a student writes a check in the amount of $ 3 0 0 to the college bookstore for textbooks. Discuss briefly the impact on the student's balance sheet, their bank's balance sheet, and the...
In the country of Karamania, the CPI is calculated using a market basket consisting of 5 apples, 4 loaves of bread, 3 robes and 2 gallons of gasoline. The per-unit prices of these goods have been as...
Andrew's annual salary as an accountant is $150,000, and his financial assets generate $14,000 per year in interest. One day, he decides to be his own boss, quits his job and uses his financial...
explain how standard recipes help workers determine food preparation requirements?
Diablo Company leased a machine from Juniper Corporation on January 1, 2016. The machine has a fair value of $26,000,000. The lease agreement calls for four equal payments at the end of each year in...
Determine the volume of the parallelepiped of Fig. 3.25 when (a) P = 4i 3j + 2k, Q = 2i 5j + k, and S = 7i + j k, (b) P = 5i j + 6k, Q = 2i + 3j + k, and S = 3i 2j + 4k. P
Ted and Mary are playing a game of catch in frame S", which is moving at 0.600c with respect to frame S, while Jim, at rest in frame S watches the action (Fig. P39.59). Ted throws the ball to Mary at...
Think back to your first hour after awakening this morning. List 15 decision-making opportunities that existed during that hour. After you have done that, mark the decision-making opportunities that...
Some of the following problems would be suitable for solution by engineering economic analysis. Which ones are they? (a) Would it be better to buy an automobile with a diesel engine or a gasoline...
Write the MATLAB statements that will solve the following system of equations. You have to use matrix operations to solve the equations. [5 Marks] X+3Y=5 2X-6Y = 2 Question 6: A polynomial function...
3. (6 pts) Write MIPS code to implement the function below. Assume that func has already been implemented and that it is used correctly in the code below. There is more space on the next page. int do...
Do you believe that a company integrating ethics into its strategy and design can provide great returns to stakeholders as well? Explain why this is your belief and support your opinion with examples.

1. What possible advantages to the consumer could there be in (a) National Grid plc having a...

Question:

Step by Step Answer:

1 a i It avoids the duplication and hence increased costs if there were parallel pipelines owned by ...View the full answer

Economics

Students also viewed these Business questions