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吉安翻譯公司關鍵字：units are 3369 units, total installed capacity of 34.54 million kilowatts, the average units only 12,900 kilowatts. [9] There is no doubt, such a small unit can not take advantage of economies of scale advantages. Relax into the control and can not increase the effective competition.Electricity production system should be considered a multi-product Company翻譯論文公司最專業 in the market畢業論文翻譯成英語文章. [10] electricity needs vary greatly over time, voltage requirements are different, very different ways of transmission and distribution, power generation costs resulting from the use of different energy and produce changes. In a multi-product industry, economies of scale is neither a necessary condition for natural monopoly, natural monopoly is not a sufficient condition. [11] Although the cost of an enterprise of any single product is rising, but as long as all the companies in the coordination of production of products or services have shown a downward trend in total costs, the Company翻譯論文公司最專業 is a natural monopoly. [12] multi-product natural monopoly enterprises or economies of scope from joint production. When a certain amount of production of various products cost less than the same number of multiple production cost of these products there will be economies of scope. Fendt were investigated by the U.S. electric power industry, wholesale, industrial, commercial and residential services to multi-product cost function and found that the largest vertically integrated power companies also have natural monopoly characteristics. [13] Joint production of a multi-product companies can also become a natural monopoly. Joint production is the distinction between single-product natural monopoly business and a variety of products the main point of a natural monopoly business. The economics of joint production of the main coordination and input from the indivisibility. In the power industry, electricity is not stored. Reliability requirements and the need to supply the power demand and generation balance. Power plants, transmission grids and distribution facilities also need to coordinate the construction. From transaction cost economics perspective, [14] the same Company翻譯論文公司最專業 to avoid vertical integration, coordination power companies, transmission companies and distribution companies and electricity service in the provision of different opportunistic behavior. Transaction cost economics or rational inference that the person's ability is limited, companies sometimes firm-specific assets, and people will be opportunistic behavior. [15] in the future imperfect information makes it difficult for future actions to make the right judgments. Segmentation of vertical integration in the case, common sense restrictions to increase the contract cost and uncertainty. Assets of the enterprise-specific and difficult for enterprises to ease in the highly competitive market畢業論文翻譯成英語文章 entry and exit. Enterprise-specific assets in the power industry is very prominent. Hydropower generators often with a particular reservoir has a water capacity
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