A-LevelEconomicsGovernment microeconomic intervention9708/32 · Oct/Nov 2019 · Q11 Mark
Some multinational oil companies extracting oil in developing countries are now required to repair the damage they do to the environment. Which best describes the total costs incurred by the oil companies in such circumstances?
- (A)external costs
- (B)private costs plus external costs
- (C)social costs plus external costs
- (D)social costs plus private costs
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2019). The mark or mark type is shown in brackets.
- [1] B
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