WAEC Commerce 2024 Objective — Question 46

Question 46 of 50 from the West African Examinations Council (WAEC) Commerce 2024 Objective paper, with the correct answer and a full explanation.

46. A disadvantage of commercialization to consumers is that A.

A. it promotes inefficiency.
B. it reduces loyalty of workers.
C. customers do not have value for their money.
D. prices of products increase.Correct

Explanation

When a company is commercialized, it means that the major objective of the firm has changed to profit-making. Thus, the price of products of the firm can increase.

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