WAEC Economics 2015 Objective — Question 22

Question 22 of 50 from the West African Examinations Council (WAEC) Economics 2015 Objective paper, with the correct answer and a full explanation.

Which of the following is not a method of controlling monopoly?

A. Preventing mergers
B. Indigenization
C. PrivatizationCorrect
D. Imposing high profit tax

Explanation

Privatization (transferring government-owned firms to private individuals) is not a method of controlling monopoly - it does not necessarily prevent or reduce market monopoly power, unlike preventing mergers, indigenization policy, or high profit taxes.

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