A government grant of £625 is paid for each eligible home insulation installation. In one month, 1,280 installations are completed, but 12.5% do not qualify for the grant.
Calculate the total grant paid for eligible installations that month.
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.