A-LevelEconomicsMarket Failure and Government InterventionMay/June 2013Paper 1 Q141 Mark
Which is not an example of an externality?
AThe establishment of a new firm in an area increases the general level of wage rate area.
BThe flowers planted by a householder in his garden give pleasure to his neighbours.
CThe immunisation of children against smallpox reduces the danger of the risk of infection to others.
DThe installation of security cameras in a city centre results in an increase in thefts elsewhere.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of market failure and 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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