9708/33

Economics 9708/33October/November 2021

Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions

30
questions
30
marks
75
minutes

Topics The Multiplier and National Income Determination · Economic Development and Living Standards · Externalities, Social Costs and Benefits · Utility Theory · Indifference Curves and Budget Lines · Employment and Unemployment · +15 more

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Q11MExternalities, Social Costs and BenefitsFree sample

The diagram shows the private and social marginal costs and benefits of a demerit good.

What is the socially optimal level of output?

Options

A   output level A on Fig. 1.1
B   output level B on Fig. 1.1
C   output level C on Fig. 1.1
D   output level D on Fig. 1.1

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29 more questions
  • Q2Efficiency and Market Failure1M
  • Q3Externalities, Social Costs and Benefits1M
  • Q4Utility Theory1M
  • Q5Utility Theory1M
  • Q6Indifference Curves and Budget Lines1M
  • Q7Indifference Curves and Budget Lines1M
  • Q8Costs of Production1M
  • Q9Growth and Survival of Firms1M
  • Q10Market Structures1M
  • Q11Objectives and Pricing Policies of Firms1M
  • Q12Revenue and Profit1M
  • Q13Government Policies to Correct Market Failure1M
  • Q14Equity, Poverty and Redistribution1M
  • Q15Wage Determination and Labour Market Intervention1M
  • Q16Short-Run and Long-Run Production1M
  • Q17Demand for and Supply of Labour1M
  • Q18Economic Growth and Sustainability1M
  • Q19Economic Development and Living Standards1M
  • Q20Economic Development and Living Standards1M
  • Q21Employment and Unemployment1M
  • Q22Employment and Unemployment1M
  • Q23The Multiplier and National Income Determination1M
  • Q24Economic Development and Living Standards1M
  • Q25The Multiplier and National Income Determination1M
  • Q26The Multiplier and National Income Determination1M
  • Q27Money and Banking1M
  • Q28The Multiplier and National Income Determination1M
  • Q29Macroeconomic Objectives and Policy Conflicts1M
  • Q30Macroeconomic Objectives and Policy Conflicts · Effectiveness of Macroeconomic Policies1M
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