9708/31

Economics 9708/31October/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.

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
  • 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
Loading the full paper…