A-LevelEconomicsGovernment microeconomic intervention9708/32 · May/June 2018 · Q11 Mark

How is social cost calculated? A external cost minus external benefit B external cost minus private cost C external cost plus private cost D social cost minus social benefit

Mark scheme

Marking points from the official mark scheme (May/June 2018). 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 2018 Paper 3 Variant 2, question 1.

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