Which of the Following Statements Is Not Correct

question 551

Multiple Choice

Which of the following statements is not correct?

• A)The government may use antitrust laws to break up an existing company to improve competition.
• B)The government may break up a natural monopoly to lower the price charged to customers.
• C)Private ownership is typically preferred to public ownership.
• D)Sometimes the best strategy is for the government to do nothing about monopoly inefficiency because the "fix" may be worse than the problem.

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Definitions:

Public Transportation

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A set of principles and models that explains how economies function, including the distribution of resources and the consumption of goods and services.

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The process by which government bodies or agencies decide on allotment of resources, policy implementations, and other administrative matters for the public good.