This 7 page paper examines the influences on the electricity consumers and suppliers from an economic perspective. The elasticity of electricity is assessed looking at the characteristics of the market and consumer behavior. The impact of price rises are assessed from the perspective of the buyers and the suppliers. The paper ends by looking at the benefits and drawbacks of governments implementing maximum prices on the power companies. The bibliography cites 5 sources.
Name of Research Paper File: TS65_TEpricelelctric.doc
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