Electric power is discovery which individuals lived devoid of for thousands of years, nevertheless electricity turns into a daily individual need. This discovery is promoting the everyday life of human beings, and without this most of the issues that we work with every day would not work, or perhaps would never end up being created. Therefore , each country has its own electric power source and sector remain competitive in one industry. The most special characteristic in the energy sector in Palestine is the scarcity of regionally available solutions and failure to fully use the available ones, making it intensely dependent on imports from Israel. In addition , the continuity of the Israeli occupation and its charge of the boarders, passageways and much of the region led to stop a lot of plans and programs prepared by the Countrywide Authority Corporations operating in the power sector with the advancement from the sector. Thus, its important and interesting to know what is the market composition best characterizes the Palestinian electricity sector in the west traditional bank to anticipate the behavior with the firms in the market and how the amount paid would transform since it impacts everyone.
It was hypothesized that the electrical energy sector marketplace in the west lender is an oligopoly. An oligopoly is a market contact form in which an industry is dominated by a few firms. The proposition was based primarily in the fact there are a very small number of electricity division firms in the west bank with high barriers to entrance as there is a high cost of production. To confirm this speculation, I must try to correlate the supermarkets with characteristics of your oligopoly. All those are: Range of firms: few.
Products will be slightly differentiated (as in groceries).
Size of firms: relatively big.
Excessive barrier of entrance.
Related price range.
You will discover four different market constructions, and they are illustrated and organized on a spectrum below
In the following section, the characteristics...