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

What is correct for a private monopoly but is not correct for a firm in perfect competition?

2281_w14_qp_13

MCQ

2014

Paper 1, Variant 3

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Why might a market economy fail to achieve the best use of scarce resources?

2281_w20_qp_12

MCQ

2020

Paper 1, Variant 2

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What is most likely to happen if South Korea builds a factory in Switzerland that becomes profitable?

2281_w18_qp_12

MCQ

2018

Paper 1, Variant 2

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What is most likely to happen if South Korea builds a factory in Switzerland that becomes profitable?

2281_w18_qp_13

MCQ

2018

Paper 1, Variant 3

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Questions Discovered

34