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Public Goods and Market Failure (Chain of Analysis)

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 21 Mar 2021

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Analysis should occur through a clear chain of reasoning. This short revision video build a chain of reasoning explaining why pure public goods can lead to market failure because the private sector is unable to supply public goods profitably.

Chains of Reasoning - Public Goods and Market Failure
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