Economics 9708/31 — May/June 2018
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
Topics The Multiplier and National Income Determination · Performance of Firms in Different Market Structures · Economic Growth and Sustainability · Externalities, Social Costs and Benefits · Efficiency and Market Failure · Indifference Curves and Budget Lines · +14 more
Tap an option under each question to check it — your score builds as you go.
A government makes a study of the costs and benefits of allowing a leisure company to develop a holiday resort in an area of natural beauty.
When should the government allow this development to take place?
Options
A if private benefits exceed private costs
B if private costs exceed private benefits
C if social benefits exceed social costs
D if social costs exceed social benefits
The rest of this paper
29 more questions- Q2Externalities, Social Costs and Benefits1M
- Q3Efficiency and Market Failure1M
- Q4Indifference Curves and Budget Lines1M
- Q5Indifference Curves and Budget Lines1M
- Q6Costs of Production1M
- Q7Objectives and Pricing Policies of Firms1M
- Q8Growth and Survival of Firms1M
- Q9Performance of Firms in Different Market Structures1M
- Q10Performance of Firms in Different Market Structures1M
- Q11Growth and Survival of Firms1M
- Q12Performance of Firms in Different Market Structures1M
- Q13Efficiency and Market Failure · Government Policies to Correct Market Failure1M
- Q14Characteristics of Countries at Different Levels of Development1M
- Q15Wage Determination and Labour Market Intervention1M
- Q16Demand for and Supply of Labour1M
- Q17Wage Determination and Labour Market Intervention1M
- Q18Economic Growth and Sustainability1M
- Q19Economic Growth and Sustainability1M
- Q20Economic Development and Living Standards1M
- Q21Employment and Unemployment1M
- Q22The Multiplier and National Income Determination1M
- Q23Money and Banking · Effectiveness of Macroeconomic Policies1M
- Q24Exchange Rate Systems · Components of Aggregate Demand1M
- Q25The Multiplier and National Income Determination1M
- Q26The Multiplier and National Income Determination1M
- Q27The Multiplier and National Income Determination1M
- Q28Economic Growth and Sustainability1M
- Q29Macroeconomic Objectives and Policy Conflicts · Effectiveness of Macroeconomic Policies1M
- Q30Government Policies to Correct Market Failure · Macroeconomic Objectives and Policy Conflicts1M