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O-LevelEconomicsThe allocation of resources2281/11 · May/June 2012 · Q251 Mark

Why are schools sometimes built and run with government money?

AThe private sector could not afford the cost of investment to build schools.
BThe private sector would have lower standards than government schools.
CThe provision of schools by the government ensures the widest choice for students.
DThere are external benefits from the provision of education.

✓ Correct answer

D: There are external benefits from the provision of education.

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About this question

Topic
The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2012 Paper 1 Variant 1, question 25.

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