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 monopolies to generate excessiveprofits. d.how ownership of the firm affects the cost ofproduction. 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 monopolies to generate excessiveprofits. d.how ownership of the firm affects the cost ofproduction.

Explanation / Answer

I think you asked this before and did not like myanswer, I would then think it owuld be: a.the tendency for efficient management of publicly ownedenterprises: since government monopoly has low efficiency due tolow wage and lack of competition and low price. efficiency would bea issue to face a.the tendency for efficient management of publicly ownedenterprises: since government monopoly has low efficiency due tolow wage and lack of competition and low price. efficiency would bea issue to face

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