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Reasons for government intervention in markets

3.1

What the syllabus asks of you

  • addressing the non-provision of public goods
  • addressing the over-consumption of demerit goods and the under-consumption of merit goods
  • controlling prices in markets

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1 question

1May / June 2026 · Paper 11 · Q14
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Adiscouraging the consumption of demerit goods
Bovercoming information failure
Craising the provision of merit goods
Dreducing competition in the economy

Mark scheme