A-LevelEconomicsThe price system and the microeconomy9708/32 · May/June 2019 · Q21 Mark
The diagram shows the market for a product, the production of which has both external costs and external benefits.
- 2What is the difference between the level of output that would be produced by the market and the socially optimum level? A WX B WY C XY D XZ[1]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Mark scheme
Marking points from the official mark scheme (May/June 2019). The mark or mark type is shown in brackets.
- [1] 2 C
Write your answer and get it marked
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.
Sign up free →