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Author Question: If a nationalised industry is run in the public interest or if the industry is privately owned, but ... (Read 29 times)

APUS57

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on: May 25, 2020

Question 1

Privatisation is the transfer of
◦ publicly owned businesses to the private sector.
◦ corporately owned businesses to individuals.
◦ privately owned businesses to the government sector.
◦ public limited companies to private limited ones.

Question 2

If a nationalised industry is run in the public interest or if the industry is privately owned, but regulated so that it is required to operate in the public interest, and if all other industries were operating under perfect competition and there were no externalities, then the socially optimum output for the industry would be to produce where
◦ AR = AC.
◦ MR = MC.
◦ MC = P.
◦ P = AR.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by APUS57 on May 25, 2020

kaillie

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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APUS57

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
Excellent

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