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1.6 Market failure

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Question 61

A delivery creates a private cost of £40 and imposes noise and air-pollution costs of £12 on other people. What is the social cost of the delivery?

[1]
A

£28

B

£40

C

£52

D

£480

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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