Public bureaucrats who operate monopolies typically have lower incentives to lower costs.

Name: Public bureaucrats who operate monopolies typically have lower incentives to lower costs.
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Public bureaucrats who operate monopolies do not face competition and have less incentive to lower costs compared to private firms that operate in a competitive market. This lack of competition and accountability can lead to inefficiencies and higher costs for consumers.

Public Bureaucrats Who Operate Monopolies Typically Have Lower Incentives to Lower