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2.12 The market’s inability to achieve equity (HL only) - IB Questionbank | RevisionDojo

2.1 Demand

2.2 Supply

2.3 Competitive Market Equilibrium

2.4 Critique of the maximizing behaviour of consumers and producers (HL only)

2.5 Elasticities of demand

2.6 Elasticity of supply

2.7 Role of government in microeconomics

2.8 Market failure - externalities, common pool resources, public goods, asymmetric information

2.9 Market failure - public goods

2.10 Market Failure - asymmetric information (HL only)

2.11 Market failure - market power (HL only)

2.12 The market’s inability to achieve equity (HL only)

IB
2.12 The market’s inability to achieve equity (HL only)

2.12 The market’s inability to achieve equity (HL only) Questionbank

2.1 Demand

2.2 Supply

2.3 Competitive Market Equilibrium

2.4 Critique of the maximizing behaviour of consumers and producers (HL only)

2.5 Elasticities of demand

2.6 Elasticity of supply

2.7 Role of government in microeconomics

2.8 Market failure - externalities, common pool resources, public goods, asymmetric information

2.9 Market failure - public goods

2.10 Market Failure - asymmetric information (HL only)

2.11 Market failure - market power (HL only)

2.12 The market’s inability to achieve equity (HL only)

Practice 2.12 The market’s inability to achieve equity (HL only) with authentic IB Economics exam questions for both SL and HL students. This question bank mirrors Paper 1, 2, 3 structure, covering key topics like microeconomics, macroeconomics, and international trade. Get instant solutions, detailed explanations, and build exam confidence with questions in the style of IB examiners.

Paper

Level

Question 1

SL & HLPaper 1

Using a circular flow of income model, explain how differences in ownership of factors of production contribute to income inequality.

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