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Read the scenario. What type of economy is represented in this scenario?
A city has only one electric company. Because of the
cost of building a new power grid, no company can ever
move in to compete. To protect consumers, the
government sets a limit on the amount a single power
company can charge its customers.
O command
O developing
O mixed market
O traditional

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Answers: 3

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Read the scenario. What type of economy is represented in this scenario?
A city has only one...
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