The Key Issue in Determining the Efficiency of Public Versus

question 6

Multiple Choice

The key issue in determining the efficiency of public versus private ownership of a monopoly is:

• A)the inability of private monopolies to get rid of managers who are doing a bad job
• B)how ownership of the firm affects the cost of production
• C)the tendency for efficient management of publicly owned enterprises
• D)the propensity of private monopolies to generate excessive profits

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Definitions:

Title VII

Refers to Title VII of the Civil Rights Act of 1964, which prohibits employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act

Legislation in the United States aimed at ending discrimination based on race, color, religion, sex, or national origin.

Bona Fide Occupational Qualification (BFOQ)

A necessary (not merely preferred) qualification for performing a job.

Age Discrimination in Employment Act

A United States federal law aimed at protecting workers 40 years of age and older from discrimination based on age in hiring, promotion, discharge, compensation, or terms, conditions, or privileges of employment.