passwella.
Menu

WAEC Commerce 2021 Question 42

Question 42

Government and Business

A disadvantage of privatization is that

  1. A.there is reduction in the quality of goods.
  2. B.there is inefficiency in the supply of goods.
  3. C.the existence of monopoly is high.
  4. D.the profit motive outweighs public interest.
Show the answer and explanation

Answer: D (the profit motive outweighs public interest.)

Explanation

Private owners aim at profit, so services the public needs but which do not pay may be neglected or priced highly.