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ZIMSEC O-Level Economics

6.18.2Private, external and social costs and benefits

Private, external and social costs and benefits in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic18 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 6.18.2.1Distinguish private, external and social costs and benefits and explain their effect on resource allocation.

Lessons

  • Private, external and social costs and benefits

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Private, external and social costs and benefits: sample question

1 mark

Which is an example of an external benefit?

Choose one answer

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