Economics (AS & A Level) · Oct / Nov 2022 · Paper 11 · Question 14
9708Resource allocation in different economic systems
In mixed economies, what explains why the provision of certain goods and services will remain under government control?
- AThe market system fails to provide public goods.
- BManagement ideas are hampered by excessive bureaucracy.
- COwnership of companies depends on the ease of buying shares.
- DThe profit motive tends to improve efficiency in organisations.
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Correct answer: A. The market system fails to provide public goods.
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