A-LevelEconomicsGovernment microeconomic intervention9708/31 · May/June 2017 · Q31 Mark

The table shows the expected costs and benefits from four government projects. The government can afford only one project. Which project should the government choose? | | private benefits (m) | external benefits (m) | private costs (m) | external costs (m) | |---|---|---|---|---| | A | 40 | 200 | 60 | 70 | | B | 60 | 160 | 100 | 20 | | C | 100 | 210 | 100 | 120 | | D | 150 | 90 | 120 | 140 |

Mark scheme

Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.

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Topic: Government microeconomic intervention, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, May/June 2017 Paper 3 Variant 1, question 3.

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