(a)[8]
Explain the difficulties involved in carrying out a cost-benefit analysis.
(b)[12]
Discuss the economic effects of externalities linked to production and consumption.
Economics 9708 · AS & A Level · 7.4
7.4 — practice question
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Cost benefit analysis is a method used to assess the social costs and social benefits of an investment project and to judge whether it is worthwhile.” …
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