(a(i))[4]
Identify and explain two distinctions between MF and unincorporated businesses.
(a(ii))[4]
Identify and explain two distinctions between MF and public sector organisations.
(b)[12]
Consider the possible external costs and external benefits created by MF’s new product. Recommend whether the Government ought to encourage MF to produce this new product. Justify your answer. External costs: External benefits: Recommendation: