A-LevelEconomicsMarket Failure / Public GoodsFeb/Mar 2023Paper 1 Q71 Mark
In which case is the price system not a possible method of allocating resources?
Ain the distribution of foodstuff among the population
Bin the hiring of workers by employers
Cin the ownership of land for agricultural use
Din the provision of public goods by the government
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of market failure / public goods 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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