In country X, consumers can now purchase electricity from a gas provider and gas from an electricity supplier. What is this practice known as?

Choose the correct answer

Explanation

Option B is correct because allowing consumers to buy electricity from gas companies and gas from electricity companies promotes competition by making markets contestable. This differs from deregulation, which refers to reducing government controls, and other options like natural monopoly or cross-subsidization, which do not describe this scenario.

In country X, consumers can now purchase electricity… — Applied Microeconomics | PakQuizHub