Economics 9708 · AS & A Level

Information failure

4 practice questions on Information failure, with worked solutions and instant marking.

Which merit good is most likely to be under-consumed?

Oct/Nov 2025

What is most likely to give rise to the principal-agent problem?

Oct/Nov 2025

What does the term moral hazard mean?

Oct/Nov 2025

A dentist has been discovered to have billed patients for treatment that they did not require. What is the most likely reason for this market failure?

Oct/Nov 2025