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1.6 Market failure

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Question 1

Market failure occurs when the market system

[1]
A

allows a producer to make a loss

B

changes a price after demand changes

C

contains both buyers and sellers

D

does not allocate resources efficiently

Markscheme

1.6 Market failure Questions

  1. GCSE
  2. /Economics
  3. /1.6 Market failure

83 exam-style questions on AQA GCSE Economics 1.6 Market failure, covering 1.6.1a Market failure as misallocation of resources, 1.6.1b Government intervention, 1.6.2a Defining externalities, and 1.6.2b Positive and negative externalities. Each one has a worked solution and a mark scheme showing where the marks go.

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