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NECO Commerce 2022 Objective — Question 45

Question 45 of 50 from the National Examinations Council (NECO) Commerce 2022 Objective paper, with the correct answer and a full explanation.

A disadvantage of privatization is

A. High motive for profit than public interestCorrect
B. Decline in the supply of goods
C. Less efficiency in production of goods
D. Increase in government expenditure

Explanation

Privatized (private) firms are primarily driven by profit, which may be pursued above public interest.

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