A-LevelEconomicsMarket Failure and Government InterventionMay/June 2018Paper 3 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
✓ Correct Answer
The correct answer is —. 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep