A-LevelEconomicsGovernment microeconomic intervention9708/12 · Oct/Nov 2021 · Q161 Mark

Why might a government nationalise a private firm?

Ato gain greater efficiency due to more competition

Bto increase merit good provision

Cto increase choice for the consumer

Dto raise more tax revenue

✓ Correct answer

B: to increase merit good provision

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Topic: Government microeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2021 Paper 1 Variant 2, question 16.

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