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A-LevelEconomicsGovernment microeconomic intervention9708/32 · Oct/Nov 2018 · Q21 Mark

A cost-benefit analysis is carried out on the construction of a hydroelectric power station. Which combination of circumstances would be most likely to lead to the scheme being approved?

  1. A cost-benefit analysis is carried out on the construction of a hydroelectric power station. Which combination of circumstances would be most likely to lead to the scheme being approved? A Private benefits are greater than private costs. B Social benefits are greater than social costs. C Social benefits are greater than total costs. D Total costs are greater than total revenue.[1]

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.

  1. [1] B

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About this question

Topic
Government microeconomic intervention, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, Oct/Nov 2018 Paper 3 Variant 2, question 2.

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