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Economics

Exam Technique Advice

Public Goods and Market Failure (Chain of Analysis)

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

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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