A-LevelEconomicsMarket Failure / Public and Private GoodsFeb/Mar 2023Paper 1 Q11 Mark
A good is most suitable to be provided by the market if it is
Aexcludable and non-rival.
Bexcludable and rival.
Cnon-excludable and non-rival.
Dnon-excludable and rival.
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of market failure / public and private goods 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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