In the Republic of Lantharia,the state-owned telephone company enjoys a monopoly.The government of Lantharia Republic wants to maximize the operating efficiency this company by privatizing it.Which of the following is most likely to help the government in being successful in this endeavor?

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Splitting the company into independent units that compete with each other would create a competitive market, leading to increased efficiency and lower costs for consumers. This approach is likely to lead to the best results for the government and the people of the Republic of Lantharia. Imposing high taxes, increasing barriers to investment or intervention through price controls can discourage private investment and limit the potential success of the privatization of the company. Prohibiting foreign companies from entering the market could hurt competition and limit the potential for new and innovative services that would benefit the people of Lantharia.

In the Republic of Lantharia,the State-Owned Telephone Company Enjoys a Monopoly.The