[Solved] Which of the Following Statements Is False If the Government

Question 131
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Which of the following statements is false if the government nationalizes an existing monopoly firm?


A)The government usually buys out the owners of the firm and operates it as a crown corporation.
B)A nationalized monopoly may or may not be operated to make a profit.
C)There is no guarantee that a nationalized monopoly will be more efficient because it is owned by the government.
D)A nationalized monopoly can be expected to always charge the socially optimum price.

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