JAMB Commerce 2007 Objective — Question 27

Question 27 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

Citizens are against privatization mainly because of

A. the rationalization of organizations
B. the likelihood of monopoly
C. increased price of goods and servicesCorrect
D. ineffective management

Explanation

Privatisation transfers control of corporations to private individuals whose main aim is profit maximization, which tends to raise prices.

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