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WAEC Commerce 2023 Objective — Question 42

Question 42 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.

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A disadvantage of privatization is that A. there is decline in the supply of goods.

  • A. there is decline in the supply of goods
  • B. there is less efficiency in the production of goods
  • C. public interest outweighs the profit motive
  • D. income is unevenly distributedCorrect

Explanation

Through privatisation, the capitalists become more richer because of exploitation of the public.

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