Note AcademyNote Academy

Economics · May / June 2024 · Paper 11 · Question 8

2281Market economic system

What could not occur in a market economic system?

  1. Aa monopolist supplying specialist goods to the market
  2. Bexcessive pollution created by power stations
  3. Cgovernments setting minimum wages to relieve poverty
  4. Dprivate ownership of firms making defence equipment

As printed in the paper

Show the answer

Correct answer: C. governments setting minimum wages to relieve poverty

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.