A-Level Edexcel Economics AS 1.3.5.2d - use of diagrams, using marginal analysis, to illustrate: • the externa... Topic Practice
1.3.5.2d - use of diagrams, using marginal analysis, to illustrate: • the external benefits from
• The use of diagrams, using marginal analysis, to illustrate: • the external benefits from consumption • the external costs from production • the distinction between the market and social optimum positions; identification of the welfare loss or gain areas.
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