A-LevelEconomicsGovernment microeconomic intervention9708/32 · May/June 2018 · Q171 Mark

Under which circumstances will a subsidy from the government be most beneficial if there are externalities from producing good X? externality caused by good X | price elasticity of demand of good X -----------------------------|------------------------------------ A negative | <1 B negative | >1 C positive | <1 D positive | >1

Mark scheme

Marking points from the official mark scheme (May/June 2018). The mark or mark type is shown in brackets.

On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.

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 17.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content