Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

The table sets out the annual percentage change in output per worker employed for four nationalised industries both before and after privatisation. What conclusion can be drawn from the table about the impact of privatisation?

  • AEmployment fell in the railway industry.
  • BEmployment was unchanged in the telecommunications industry.
  • COutput was greatest in the electricity supply industry.
  • DWorkers became less efficient in the shipbuilding industry.

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