A-LevelEconomicsBasic Economic Ideas and Resource AllocationFeb/Mar 2017Paper 1 Q41 Mark
Despite much opposition, the local government in a popular tourist resort built a leisure centre and swimming pool which is open to everyone. Many tourists visit the centre. Local residents are charged a lower entry fee than the fee charged to the tourists. How would economists classify this service?
AIt is a demerit good because some people objected to the development.
BIt is a merit good because the entry fee is reduced for local residents.
CIt is a private good because there is an entry fee for all users.
DIt is a public good because it is open to everyone and provided by the local government.
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of basic economic ideas and resource allocation 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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