9708/32

Economics 9708/32May/June 2020

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 · Market Structures · Performance of Firms in Different Market Structures · Indifference Curves and Budget Lines · Objectives and Pricing Policies of Firms · Growth and Survival of Firms · +15 more

Tap an option under each question to check it — your score builds as you go.

Q11MExternalities, Social Costs and BenefitsFree sample

What is an example of a negative externality?

Options

A   Lower profit due to increased competition from new firms entering the market.
B   Reduced government funding for a museum.
C   The increase in noise levels from aircraft due to the expansion of a large city airport.
D   The increase in production costs due to an increase in the cost of importing raw materials.

The rest of this paper

29 more questions
  • Q2Market Structures · Performance of Firms in Different Market Structures1M
  • Q3Externalities, Social Costs and Benefits · Efficiency and Market Failure1M
  • Q4Performance of Firms in Different Market Structures1M
  • Q5Indifference Curves and Budget Lines1M
  • Q6Indifference Curves and Budget Lines1M
  • Q7Costs of Production1M
  • Q8Objectives and Pricing Policies of Firms1M
  • Q9Market Structures1M
  • Q10Growth and Survival of Firms1M
  • Q11Objectives and Pricing Policies of Firms1M
  • Q12Growth and Survival of Firms1M
  • Q13Government Policies to Correct Market Failure1M
  • Q14Government Policies to Correct Market Failure1M
  • Q15Equity, Poverty and Redistribution1M
  • Q16Demand for and Supply of Labour1M
  • Q17Demand for and Supply of Labour1M
  • Q18Characteristics of Countries at Different Levels of Development1M
  • Q19Economic Growth and Sustainability · Economic Development and Living Standards1M
  • Q20Characteristics of Countries at Different Levels of Development1M
  • Q21Employment and Unemployment1M
  • Q22Relationships Between Countries at Different Levels of Development1M
  • Q23Economic Development and Living Standards1M
  • Q24The Multiplier and National Income Determination1M
  • Q25Components of Aggregate Demand1M
  • Q26Money and Banking1M
  • Q27Effectiveness of Macroeconomic Policies1M
  • Q28Money and Banking1M
  • Q29Macroeconomic Objectives and Policy Conflicts1M
  • Q30Effectiveness of Macroeconomic Policies · The Multiplier and National Income Determination1M
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