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1.6 Market failure

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Question 2

A charge of £0.40 is collected on each single-use bag. A group of shops sells 75,000 bags during a year. How much revenue does the charge raise?

[1]
A

£40

B

£30,000

C

£75,000

D

£187,500

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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