advantages and disadvantages of public sector enterprises
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They may become inefficient produce low quality product and charge relatively high prices due to lack of competition
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they base their decision on full costs and benefit involved plz mark as brainliest
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☆ADVANTAGE OF PUBLIC SECTOR
- Economies of scale
- Easier planning and coordination
- Autonomous set up
- Protection of public interest
- ☆DISADVANTAGE OF PUBLIC SECTOR
- Endowments constraints
- Under utilisation of capacity
- Absences of rational pricing
- Technological gap
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