CAIE A-Level Economics A2 7.3.6 Reasons for Market Failure Questions
Practise explaining why markets fail to allocate resources efficiently and identifying the main causes of market failure.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Exam points
- identify the main reasons for market failure
- explain how externalities, information problems and public goods cause inefficient allocation
- evaluate the consequences of market failure for consumers, producers and society
CAIE A-Level Economics A2 7.3.6 Reasons for Market Failure Questions question 1
[Maximum number: 1]
What is not a source of market failure?
A
imperfect information
B
income inequality
C
monopoly
D
non-excludability
B
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