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1.6 Market failure

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Question 62

A safety course gives the participant a private benefit valued at £30 and creates an additional benefit of £8 for other people. What is the social benefit of the course?

[1]
A

£22

B

£30

C

£38

D

£240

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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