JAMB Commerce 2018 Objective — Question 20

Question 20 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2018 Objective paper, with the correct answer and a full explanation.

Services which are of absolute monopoly can best be provided by

A. private companies
B. limited liability companies
C. public companiesCorrect
D. public enterprises

Explanation

If a service is an absolute monopoly, it is better provided by a government-owned public corporation/enterprise, in order not to starve people of essential services.

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