Statement 1: Privatization provides new private owners with a strong incentive to explore new markets while exiting failing ones. Statement 2: Privatization is the process of transferring state property ownership to private persons, usually through the sale of public assets at auction. Statement 3: Privatization is viewed as a means of boosting economic efficiency. Statement 4: Privatization provides new private owners with significant incentives such as higher profit margins and the ability to enhance efficiency. Which of the following is false? Both statements 1 and 2 are true Both statements 3 and 4 are true Options a and b are true Options a, b, and c are all true None of the above are true what is the best answer?
Statement 1: Privatization provides new private owners with a strong incentive to explore new markets while exiting failing ones. Statement 2: Privatization is the process of transferring state property ownership to private persons, usually through the sale of public assets at auction. Statement 3: Privatization is viewed as a means of boosting economic efficiency. Statement 4: Privatization provides new private owners with significant incentives such as higher profit margins and the ability to enhance efficiency. Which of the following is false? Both statements 1 and 2 are true Both statements 3 and 4 are true Options a and b are true Options a, b, and c are all true None of the above are true what is the best answer?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
- Statement 1: Privatization provides new private owners with a strong incentive to explore new markets while exiting failing ones.
Statement 2: Privatization is the process of transferring state property ownership to private persons, usually through the sale of public assets at auction.
Statement 3: Privatization is viewed as a means of boosting economic efficiency.
Statement 4: Privatization provides new private owners with significant incentives such as higher profit margins and the ability to enhance efficiency.
Which of the following is false?
- Both statements 1 and 2 are true
- Both statements 3 and 4 are true
- Options a and b are true
- Options a, b, and c are all true
- None of the above are true
what is the best answer?
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