The key issue in determining the efficiency of public versusprivate ownership of

Question

The key issue in determining the efficiency of public versusprivate ownership of a monopoly is a.the tendency for efficient management of publicly ownedenterprises. b. the inability of private monopolies to get rid of managersthat are doing a bad job. c.the propensity of private monopolis to generate excessiveprofits. d. how ownership of the firm affect the cost. The key issue in determining the efficiency of public versusprivate ownership of a monopoly is a.the tendency for efficient management of publicly ownedenterprises. b. the inability of private monopolies to get rid of managersthat are doing a bad job. c.the propensity of private monopolis to generate excessiveprofits. d. how ownership of the firm affect the cost.

Explanation / Answer

public ownership would look for the biggest benefit of thepeople while private would be the biggest profit thus: ~ c.the propensity of private monopolis to generate excessiveprofits

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