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A-LevelEconomicsMarket FailureOct/Nov 2021Paper 1 Q31 Mark

What is classified as a public good by economists?

Aflood defences
Bgovernment-funded hospitals
Cgovernment-run national parks
Dthe internet

✓ Correct Answer

The correct answer is A. This question tests the candidate's understanding of market failure within the Economicssyllabus. The examiner's mark scheme requires...

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) Oct/Nov 2021 examination, Paper 1 Variant 2. It tests the topic of Market Failure and is worth 1 mark.

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