which of the following are characteristics of public utilities? multiple select question. low barriers to entry monopolies or near monopolies government owned or regulated government has little control over price

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10-11-2022
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which of the following are characteristics of public utilities? multiple select question. low barriers to entry monopolies or near monopolies government owned or regulated government has little control over price

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marvineetesh3 marvineetesh3 · Answer 1 · 2022-11-15T09:55:35+01:00

Monopolies or near monopolies and Government owned or regulated are the characteristics of public utilities. Options B and C are correct.

What is the public utility?

A public utility is a firm that is in charge of maintaining the infrastructure of a public service. Public utilities are subject to many forms of public control and regulation, ranging from small community-based groups to statewide government monopolies.

Public utilities have monopolies or near-monopolies and are owned or regulated by the government.

Therefore, options B and C are correct.

Learn more about the public utility, refer to:

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