WAEC Economics 2020 Objective — Question 24
Question 24 of 50 from the West African Examinations Council (WAEC) Economics 2020 Objective paper, with the correct answer and a full explanation.
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The public sector in a mixed economy is not always efficient because of
- A. bureaucratic practicesCorrect
- B. the desire to make huge profit
- C. annual planning of activities
- D. the activities of shareholders
Explanation
Public sector enterprises are often characterized by bureaucratic red tape and inefficiency, unlike the profit-driven private sector.
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