Private firms charge households to remove unwanted furniture. Some items are instead left in shared public spaces. A local authority introduces a collection service that residents can book without charge.
Explain how this policy could increase the social benefit from waste collection.
127 exam-style questions on OCR GCSE Economics 3.8 Limitations of markets, covering 3.8.1 Positive and negative externalities, 3.8.2 Policies to correct externalities, 3.8.3 Impact of externality policies, and 3.8.4 Costs and benefits of externality policies. Each one has a worked solution and a mark scheme showing where the marks go.