Economics 0455 · IGCSE · Market failure

Market failure — practice question

Give one example of market failure.

  • Aa growth of competition
  • Ba spread of pollution
  • Ca surplus of production in the short term
  • Dan existence of scarcity

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