Subsection 2.10. Market failure for Economics, O Level - revisedeck

2.10. Market failure

A subsection of Economics, 2281, through 2. The allocation of resources

Listing 10 of 34 questions

Which problem will be reduced by a government subsidy to a firm?

2281_s21_qp_12

MCQ

2021

Paper 1, Variant 2

View

What is a correct definition of a demerit good?

2281_s24_qp_11

MCQ

2024

Paper 1, Variant 1

View

Which is a type of market failure?

2281_w12_qp_12

MCQ

2012

Paper 1, Variant 2

View

A developer built some large houses in a rural area which poorer people could not afford. The houses destroyed an area of natural beauty. What type of market failure resulted from the development?

2281_w12_qp_13

MCQ

2012

Paper 1, Variant 3

View

What is an example of market failure?

2281_w13_qp_13

MCQ

2013

Paper 1, Variant 3

View

A developer built some large houses in a rural area which poorer people could not afford. The houses destroyed an area of natural beauty. What type of market failure resulted from the development?

2281_w15_qp_12

MCQ

2015

Paper 1, Variant 2

View

A developer built some large houses in a rural area which poorer people could not afford. The houses destroyed an area of natural beauty. What type of market failure resulted from the development?

2281_w15_qp_13

MCQ

2015

Paper 1, Variant 3

View

What indicates the existence of external costs in an economy?

2281_w16_qp_12

MCQ

2016

Paper 1, Variant 2

View

What suggests that there is market failure?

2281_w19_qp_12

MCQ

2019

Paper 1, Variant 2

View

In a private market system certain goods and services would not be available unless the government intervened. What does this identify in a private market?

2281_w19_qp_13

MCQ

2019

Paper 1, Variant 3

View

Questions Discovered

34