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1.3 Market failure

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Question 6

On average, in the UK, an IT professional with a specialist cybersecurity certification earns approximately £8,000 more per year than a non-certified peer.

This suggests that acquiring the certification provides a substantial

external cost

private benefit

external benefit

social cost

1.3 Market failure Questions

  1. A Level
  2. /Economics
  3. /1.3 Market failure