A-LevelEconomicsGovernment InterventionOct/Nov 2021Paper 1 Q71 Mark
The market for mobile phones is initially in equilibrium at X. The government then imposes a sales tax. What is the government's total tax revenue from this tax?
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✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of government 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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