7.4. Private costs and benefits, externalities and social costs and benefits
A subsection of Economics, 9708, through 7. The price system and the microeconomy (A Level)
Listing 10 of 121 questions
The diagrams show the costs and benefits in four markets. price ($) quantity O marginal social cost marginal private benefit price ($) quantity O marginal social cost marginal social benefit price ($) quantity O marginal social cost marginal private cost marginal social benefit marginal private cost marginal social cost marginal social benefit price ($) quantity O marginal social benefit marginal private benefit Which pair of diagrams show the existence of a positive consumption externality and a negative production externality?
9708_s15_qp_11
MCQ
2015
Paper 1, Variant 1
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Questions Discovered
121