A-LevelEconomicsMarket Failure and Government InterventionMay/June 2015Paper 1 Q171 Mark
A national museum charges an entry fee for admission. Which combination of rival and excludable qualities would apply to visits to the national museum on a day when there are very few visitors? [Table 17.1]
Ano
no
Bno
yes
Cyes
no
Dyes
yes
✓ Correct Answer
The correct answer is B. 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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