WAEC Commerce 2018 Question 40

Question 40

Government and Business

An advantage of privatizing a firm is that it

  1. A.becomes more efficient.
  2. B.sells goods at low prices.
  3. C.employs more workers.
  4. D.attracts more customers.
Show the answer and explanation

Answer: A (becomes more efficient.)

Explanation

Private owners seek profit, so a privatised firm is usually run more efficiently.