Question: A valid reason for the government to intervene in the wholesale electrical power market would include which one of the following? a. A price increase
A valid reason for the government to intervene in the wholesale electrical power market would include which one of the following?
a. A price increase that is more than expected.
b. Electricity is an essential resource and the wholesale market is not competitive.
c. The electricity distribution companies are losing money.
d. Foreign power generators have contracts with the local government at very high prices.
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