Edexcel IGCSE Economics 1.1.6.e social cost and social benefit formulas
Practise formula questions by writing social costs or social benefits from the correct private-plus-external components.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- State social costs as private costs plus external costs in formula questions.
- State social benefits as private benefits plus external benefits from given options.
1.1.6.e Social cost and social benefit formulae question 1
[Maximum number: 1]
State the formula for social costs.
A01 1 mark
Award 1 mark for correct formula
Private costs + external costs
(1)
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