Back to the full dot-point answer
EnglandEconomicsQuick questions
3.1 How markets work
Quick questions on Competition and market failure - AQA GCSE Economics
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Define a negative externality. [2 marks]
What is q2?Show answer
Explain one way the government could encourage the consumption of a merit good. [3 marks]
Have a question we have not covered?
This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.