Economics 9708 · AS & A Level · 7.4

7.4 — practice question

When the good shown below is produced in a free market at equilibrium, society bears an external cost. Which letter could indicate the total cost of producing the free market equilibrium output?

  • AA
  • BB
  • CC
  • DD

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI