A-LevelEconomicsThe Market System and Market FailureMay/June 2019Paper 1 Q41 Mark

What justifies government intervention in the provision of a merit good such as education?

Q: What topic does this question test?

This question tests The Market System and Market Failure in A-Level Economics (syllabus code 9708). It is worth 1 mark.

APeople who pay for education value it more than those who cannot pay.

BPrivate schools have more merit than state schools.

CSocial costs of providing education outweigh social benefits of education.

DSome consumers do not fully recognise the value of education.

✓ Correct Answer

The correct answer is D: Some consumers do not fully recognise the value of education.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests The Market System and Market Failure in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2019 examination, Paper 1 Variant 2.

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