In the country X it is now becoming possible to buy electricity from a gas company and gas from an electricity company. This is called ?

Related Mcqs:

Spending on motoring as a % of household expenditure in the UK shows that motoring is ?

A. Environmentally damaging B. an inferior good C. a potential public good D. a superior good...

Evidence suggests that the price elasticity of demand for motoring is ?

A. absolutely inelastic B. Unitarily elastic C. Elastic D. inelastic...

Which city has the following transport policy ?

A. Car licenses are very expensive vehicle entry to the city center is very restricted road pricing is being introduced and modern cheap rail transport is being expanded. B. London C. Athens D. Singapore E. New York...

The external benefits of using cars are ____ and the external costs are _____?

A. low; low B. high; high C. low; high D. high; low...

In the UK, electricity industry parts are a ____ and other parts are ___ ?

A. nationalized; privatized B. natural monopoly; potentially competitive C. cartel; a sellers’ market D. monopolistic competition duopoly...