A-LevelEconomicsGovernment Microeconomic InterventionOct/Nov 2011Paper 1 Q141 Mark
A congestion charge of £10 per day has been imposed on motorists taking their cars into Central London. What is it about driving into Central London that provides the economic justification for this charge?
AThe external benefits are greater than the external costs.
BThe private costs are greater than the external costs.
CThe social benefits are greater than the private benefits.
DThe social costs are greater than the private costs.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of government microeconomic intervention within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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