Greystone Council may replace a riverside car park with a covered market. The proposal would cost £4.8 million, provide space for 35 local traders and create an estimated 90 jobs. It would remove 160 parking spaces and add about 120 delivery-vehicle journeys each week. The riverside site currently floods several times a year. Analyse the possible costs and benefits of this choice for economic, social and environmental sustainability.
29 exam-style questions on OCR GCSE Economics 1.2 The basic economic problem, covering 1.2.1 Scarce resources and unlimited wants, 1.2.2 The economic problem, 1.2.3 Opportunity cost, and 1.2.4 Costs and benefits of economic choices. Each one has a worked solution and a mark scheme showing where the marks go.