Concept:Privatization transfers state-owned enterprises to private owners, who focus on profit.
Explanation:Public enterprises mainly provide services at low cost.
Private companies are profit-driven.
After privatization, these firms often raise the prices of goods and services to maximise profit.
This makes higher product prices a major disadvantage of privatization.
Options A, B, and C are not typical disadvantages of privatization.
Answer:D. causes increase in the prices of products