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According to the Article "Financial Woes Heating Up," California Utilities

Question 111

Multiple Choice

According to the article "Financial Woes Heating Up," California utilities


A) Control the production of electricity but not the distribution.
B) Experienced rising wholesale prices for electricity while retail rates were subject to a price ceiling.
C) Experienced excess capacity and falling retail prices.
D) Were taken over by the state due to bankruptcies.

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