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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: in the provision of public goods by the government

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Market Failure / Public Goods in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Feb/Mar 2023 examination, Paper 1 Variant 2.

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