Single Answer MCQ
Q-00045397
Why does the government sometimes intervene in pricing electricity?
1
To increase profit margins
2
To encourage private businesses
3
To prevent industries from shutting down
4
To eliminate competition
Answer and Solution
Answer
C. To prevent industries from shutting down
Solution:
The correct answer is 'To prevent industries from shutting down' as the government subsidizes electricity to keep costs manageable for small industries.
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