Economics 2281 · O Level · The role of government

The role of government — practice question

A government chooses to transfer the monopoly supply of gas to households to a private firm. How might the government safeguard the interests of households after selling a large company to the private sector?

  • Aby excluding all competition from foreign companies
  • Bby imposing a tax on excess profits
  • Cby introducing a quota system for imports of gas
  • Dby removing price controls on gas

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI