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1.2 Individual economic decision making (A-level only)

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Question 6

'In many markets, consumers do not possess full information about the long-term benefits or costs of the goods they consume.'

Explain how imperfect information may result in market failure in the markets for higher education and sugary energy drinks.

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Markscheme

1.2 Individual economic decision making (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.2 Individual economic decision making (A-level only)

45 exam-style questions on AQA A Level Economics 1.2 Individual economic decision making (A-level only), covering 1.2.1 Consumer behaviour, 1.2.2 Imperfect information, 1.2.3 Aspects of behavioural economic theory, and 1.2.4 Behavioural economics and economic policy. Each one has a worked solution and a mark scheme showing where the marks go.

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