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.

---

Definitions:

Multidomestic Corporation

A business that functions across various nations, modifying its offerings to suit the specific demands of each regional market.

Domestic Firm

A company that operates within the borders of its home country, as opposed to internationally.

Overseas Markets

Foreign sectors where goods, services, and investments cross national borders for trade.

Multidomestic Corporations

Companies that operate in multiple countries, adapting their products and practices to each local market.