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The government-owned gas company has begun selling stoves [#permalink]
02 Mar 2005, 23:14
0% (00:00) correct
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The government-owned gas company has begun selling stoves and other gas appliances to create a larger market for its gas. Merchants who sell such products complain that the competition will hurt their businesses. That may well be; however, the government-owned gas company is within its rights. After all, the owner of a private gas company might will decide to sell such appliances and surely there would be nothing wrong with that.
Which one of the following principles, if valid, most helps justify the reasoning above?
(A) Government-owned companies have the right to do whatever private businesses have the right to do.
(B) A government should always take seriously the complaints of merchants.
(C) Private businesses have not right to compete with government monopolies.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain.
(E) There is nothing wrong with private companies competing against each other.
http://blog.davidbbaker.com/wp-content/uploads/2015/11/12249800_10153820891439090_8007573611012789132_n.jpg When you think about an MBA program, usually the last thing you think of is professional collegiate sport. (Yes American’s I’m going...