A brickworks produces 100,000 bricks each week in batches of 1,000. For each batch, the private cost is £420 and the cost of dust to nearby households is £65.
Calculate the total social cost of producing the bricks each week.
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.