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A publicly-owned monopoly is preferable to a privately-owned one’. Discuss and provide diagrams (50 marks)

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Retselisitsoe Pokothoane
Retselisitsoe PokothoaneLv10
7 Jan 2021

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Related questions

A mixed economy is one in which:

a. all resources are publicly owned and prices are used to coordinate economic activity

b.decisions are based primarily on religion or custom.

c. all resources are publicly owned and economic planning is centralized.

d.all resources are privately owned and prices are used to coordinate economic activity

e. resources are both publicly and privately owned and some markets are regulated

To say that the Federal reserve banks are quasi-public banks means that;

A) they deal only with commercial banks, and not the public.

B) they are publicly owned but privately managed.

C) they are privately owned but managed in the public interest

D) they deal only with banks of foreign nations and do not have direct business contact with US banks. 

Which of the following correctly explains why money is not considered capital in economics?
A) Money can only be used to produce physical capital, not human capital.
B) Money can only be used to produce privately owned capital, not publicly owned capital.
C) The term capital refers to a factor of production.
D) Money is used to purchase land, labor, or capital.

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