Economics 9708/31 — October/November 2018
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
75
minutes
Topics Externalities, Social Costs and Benefits · Efficiency and Market Failure · Growth and Survival of Firms · The Multiplier and National Income Determination · Indifference Curves and Budget Lines · Costs of Production · +12 more
Tap an option under each question to check it — your score builds as you go.
Q11MExternalities, Social Costs and BenefitsFree sample
Which statement is correct?
Options
A External cost equals social cost minus private cost.
B Private cost equals external cost minus social cost.
C Social cost equals external cost minus private cost.
D Social cost equals private cost minus external cost.
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29 more questions- Q2Externalities, Social Costs and Benefits1M
- Q3Efficiency and Market Failure1M
- Q4Indifference Curves and Budget Lines1M
- Q5Indifference Curves and Budget Lines1M
- Q6Revenue and Profit1M
- Q7Efficiency and Market Failure1M
- Q8Objectives and Pricing Policies of Firms1M
- Q9Growth and Survival of Firms1M
- Q10Costs of Production · Efficiency and Market Failure1M
- Q11Growth and Survival of Firms1M
- Q12Growth and Survival of Firms1M
- Q13Externalities, Social Costs and Benefits · Government Policies to Correct Market Failure1M
- Q14Government Policies to Correct Market Failure1M
- Q15Wage Determination and Labour Market Intervention1M
- Q16Demand for and Supply of Labour1M
- Q17Employment and Unemployment1M
- Q18Wage Determination and Labour Market Intervention1M
- Q19Costs of Production1M
- Q20The Multiplier and National Income Determination1M
- Q21Economic Development and Living Standards1M
- Q22Relationships Between Countries at Different Levels of Development1M
- Q23Employment and Unemployment1M
- Q24The Multiplier and National Income Determination1M
- Q25Effectiveness of Macroeconomic Policies1M
- Q26Components of Aggregate Demand1M
- Q27The Multiplier and National Income Determination1M
- Q28Components of Aggregate Demand1M
- Q29Macroeconomic Objectives and Policy Conflicts1M
- Q30Balance of Payments and Policies to Correct Disequilibrium1M
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