Question: The text describes five forces (barriers to entry, customer power, supplier power, alternate sources, and intensity of competition) that affect a firms competitive landscape. Required:

The text describes five forces (barriers to entry, customer 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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