A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2010 · Q21 Mark

What are most likely to be disadvantages found in a market economy?

Aeconomic growth and state-owned companies

Bmerit goods and free competition

Cpublic goods and economic specialisation

Dunemployment and external costs

✓ Correct answer

D: unemployment and external costs

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2010 Paper 1 Variant 2, question 2.

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