A-LevelEconomicsMarket FailureOct/Nov 2017Paper 3 Q21 Mark
A town council estimated the costs and benefits of operating a bus service in 2015 and 2016. These are shown in the table. 2015 $000 2016 $000 private costs 2000 2200 external costs 500 900 private benefits 1500 2300 external benefits 1000 800 What can be concluded from the table?
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