Economics 9708/33 — October/November 2018
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
Topics Effectiveness of Macroeconomic Policies · Externalities, Social Costs and Benefits · Market Structures · Government Policies to Correct Market Failure · Characteristics of Countries at Different Levels of Development · Employment and Unemployment · +15 more
Tap an option under each question to check it — your score builds as you go.
Which condition must be met for economic efficiency to be achieved?
Options
A Marginal social benefits are at a maximum in the production of all goods.
B Marginal social costs are at a minimum in the production of all goods.
C Marginal social costs are zero in the production of all goods.
D Marginal social costs equal marginal social benefits in the production of all goods.
The rest of this paper
29 more questions- Q2Externalities, Social Costs and Benefits1M
- Q3Externalities, Social Costs and Benefits1M
- Q4Utility Theory1M
- Q5Indifference Curves and Budget Lines1M
- Q6Revenue and Profit1M
- Q7Market Structures1M
- Q8Growth and Survival of Firms1M
- Q9Objectives and Pricing Policies of Firms1M
- Q10Market Structures1M
- Q11Performance of Firms in Different Market Structures1M
- Q12Government Policies to Correct Market Failure1M
- Q13Government Policies to Correct Market Failure1M
- Q14Equity, Poverty and Redistribution1M
- Q15Characteristics of Countries at Different Levels of Development1M
- Q16Demand for and Supply of Labour1M
- Q17Wage Determination and Labour Market Intervention1M
- Q18Employment and Unemployment1M
- Q19Economic Development and Living Standards1M
- Q20Relationships Between Countries at Different Levels of Development1M
- Q21The Multiplier and National Income Determination1M
- Q22Characteristics of Countries at Different Levels of Development1M
- Q23Employment and Unemployment1M
- Q24The Multiplier and National Income Determination1M
- Q25Effectiveness of Macroeconomic Policies1M
- Q26Money and Banking1M
- Q27Effectiveness of Macroeconomic Policies1M
- Q28Economic Development and Living Standards1M
- Q29Economic Growth and Sustainability1M
- Q30Effectiveness of Macroeconomic Policies1M