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1.6 Market failure

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Question 5

A quarry sells 45,000 tonnes of stone in one year. A levy on each tonne sold raises £90,000 for the government over the year.

What levy is charged on each tonne?

[1]
A

£2.00

B

£200.00

C

£0.50

D

£20.00

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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