Cambridge A Level Economics 9708 May June 2024 Paper 2, Variant 1 – Sample Answers and Examiner Commentary – Question 2

Question:

2 (a) With the use of examples, explain the difference between public goods and merit goods and
consider whether markets will always provide enough of both goods. [8]
(b) Assess whether a planned economic system should always switch to a mixed economy. [12]

Sample Answers:

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