February/March 2026 Paper 12

2026 · 30 questions · 30 parts · 30 marks

0/30 marks
0Correct0Partial0Wrong30Unattempted
Filters0 active

Questions

Select a part to jump to its question

Finish set
Q1
1
–/1 mk
Q2
2
–/1 mk
Q3
3
–/1 mk
Q4
4
–/1 mk
Q5
5
–/1 mk
Q6
6
–/1 mk
Q7
7
–/1 mk
Q8
8
–/1 mk
Q9
9
–/1 mk
Q10
10
–/1 mk
Q11
11
–/1 mk
Q12
12
–/1 mk
Q13
13
–/1 mk
Q14
14
–/1 mk
Q15
15
–/1 mk
Q16
16
–/1 mk
Q17
17
–/1 mk
Q18
18
–/1 mk
Q19
19
–/1 mk
Q20
20
–/1 mk
Q21
21
–/1 mk
Q22
22
–/1 mk
Q23
23
–/1 mk
Q24
24
–/1 mk
Q25
25
–/1 mk
Q26
26
–/1 mk
Q27
27
–/1 mk
Q28
28
–/1 mk
Q29
29
–/1 mk
Q30
30
–/1 mk
8Efficiency Market FailureEasy1 mark
Some private sector firms in a free market allocate resources inefficiently, by causing external costs. Which economic concept does this describe?