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Eskom Holdings is a South African state-owned electricity supply company that has been borrowing funds from the National Treasury to service its debts. Which statement(s) regarding its impact on the South African economy is/are correct?
(a) Eskom is more efficient as a public utility than it would be as a private utility.
(b) Full privatisation of Eskom would result in a non-equitable distribution of electricity in South Africa.
(c) Less public finances for economic development are left over when Eskom receives bailouts from the National Treasury.
(d) State-owned entities are more likely to serve public interests than the private-sector entities.