Economics 9708 · AS & A Level · 7.4

7.4 — practice question

(a)[3]

Explain what equity means and how the ban on motorcycle taxis and tricycles affects equity for commuters in Lagos.

(b)[6]

Explain, using a diagram, what a negative externality means and name two negative externalities from the article.

(c)[6]

Use the evidence to judge whether the Singapore quota system or the ERP was more successful in reducing traffic congestion.

(d)[5]

Assess whether the government’s role in providing transport systems is because transport is a public good.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Equity means fairness/fair treatment/justice/giving people in the same situation the same treatment.

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