Respond to the below post

Assignment Help Econometrics
Reference no: EM13970091

respone to thes two students post :

The first that comes to mind in my area is Entergy. They are like most power companies where they are monopolistic by nature, as you do not get to choose who you purchase power from. When you move into an area, you subscribe to the power company that services that area. You do not get a choice.

I thought long and hard about, and I do not know if I would be safe in saying that the gas company Atmos Energy could be a form of a monopoly. My reason being in safely classifying this is, there is not another gas company that I know of here in Dallas Texas that you can get gas services, other than through Atmos. Unless you live out in the country or rural area that offers propane. After I researched available gas companies by many different zip codes, Atmos Energy was the only one that kept coming up. No matter what the going rate is, customers have no choice but to get the service, because this is how many families cook and have hot water, and some even have gas heating.

Reference no: EM13970091

Questions Cloud

What is the probability that a family of two children : What is the probability that a family of two children has two boys given that it has at least one boy?
What is the probability that exactly two heads occur : What is the probability that exactly two heads occur, given that the first outcome was a head - the first outcome was a tail?
Examine how you would respond personally : Defend your position with support from the reading noting definitions and key features. Indicate what form of treatment you think would best serve Chris from the literature. Examine how you would respond personally as a mental health professional and..
Write a focused analytic essay using detailed facts : Write a focused analytic essay using detailed facts to support the answer to your question. Title the essay with a title that captures the unique essence of the essay.
Respond to the below post : The first that comes to mind in my area is Entergy. They are like most power companies where they are monopolistic by nature, as you do not get to choose who you purchase power from.
What changes are occurring in the economy : What changes are occurring in the economy or concerning licensing and regulatory factors that must be considered in the future for health care economics in the united states?
Prove that the probability of exactly n heads : Prove that the probability of exactly n heads in 2n tosses of a fair coin is given by the product of the odd numbers up to 2n - 1 divided by the product of the even numbers up to 2n.
Imagine that you are a manager of a chemical company. : From the scenario for Katrina's Candies, determine the appropriate type of market structure for the situation in question. Cite at least four (4) defining characteristics that have helped you reach this decision regarding the appropriateness of th..
Find the size of the sample space : Find the probability that the j-tuple selected contains at least one 1 - Find the size of the sample space.

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd