A major difference between a state-owned enterp... - JAMB Economics 1990 Question
A major difference between a state-owned enterprise and a private enterprise is that the former?
A
is not expected to cover its costs of production while the latter is
B
is not always expected to maximize profits while the latter is
C
has shareholders while the latter does not
D
has a board of directors while the latter does not
correct option: b
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