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A-LevelEconomicsMarket Failure & Government InterventionMay/June 2018Paper 3 Q131 Mark

Which government policy is intended to correct 'market failure'? A guaranteed minimum prices for farmers producing certain agricultural products B imposition of taxes on factories releasing pollutants into rivers C rent controls on housing occupied by low income individuals D the provision of free books for children of poorer households

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The correct answer is . This question tests the candidate's understanding of market failure & government intervention within the Economicssyllabus. The examiner's mark scheme requires...

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) May/June 2018 examination, Paper 3 Variant 1. It tests the topic of Market Failure & Government Intervention and is worth 1 mark.

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