WAEC Commerce 2022 Objective — Question 45
Question 45 of 50 from the West African Examinations Council (WAEC) Commerce 2022 Objective paper, with the correct answer and a full explanation.
Advertisement
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
Under privatization, the private enterprise is more interested in profit than in the welfare of the public, which is a disadvantage.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.