A-LevelEconomicsGovernment microeconomic intervention9708/33 · Oct/Nov 2018 · Q11 Mark
Which condition must be met for economic efficiency to be achieved? A Marginal social benefits are at a maximum in the production of all goods. B Marginal social costs are at a minimum in the production of all goods. C Marginal social costs are zero in the production of all goods. D Marginal social costs equal marginal social benefits in the production of all goods.
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [1] D
Write your answer and get it marked
On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.
Sign up free →