A nightclub's late-night music repeatedly disturbs nearby residents. Which intervention is most directly targeted at this problem?
A legally enforced noise limit with penalties for breaches
A subsidy for louder sound systems
Free entry for additional nightclubs on the same street
Lower business rates for venues that stay open later
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.