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Economics Of Public Enterprises Question Paper

Economics Of Public Enterprises

Course:Bachelor Of Arts In Economics

Institution: Kenyatta University question papers

Exam Year:2007

KENY ATT A UNIVERSITY
UNIVERSITY
EXAMINATIONS
2007/2008
FIRST SEMESTER
EXAMINATION
FOR THE DEGREE OF BACHELOR
OF
ARTS
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DATE: Wednesday zs" November, 2007
TIME:
2.00 p.m. - 4.00 p.m.
INSTRUCTIONS
Answer question 1 and any other two questions.
Q1.
a) Discuss the main arguments for establishing state run enterprises, and the types of industries to which each world relate.
b) What is a public utility?
c) Takingthe
examples of a monopolist, road and rail competition, explain the problem of pricing in public utilities.
Total (30 marks)
Q2.
a) Suggest reasons why privatization became an international phenomenon in the 1990s and consider some of the major consequences.
b) Explain the various forms of privatization.
c) Explains the reasons and difficulties of privatization in less developed countries
Total (20 marks)
Q3.
a) Discuss the problems in assessing the size and importance to the economy of the public sector of industry.
b) Describe the three forms of public sector enterprises.
Total (20 marks)
Q4.
a) Suggest possible reasons why the nationalized industries did not succeed in meeting public expectations to which nationalization gave rise.
b) Consider the consequences of monopoly powers of some of the public corporations.
Total (20 marks)