A-LevelEconomicsBasic Economic Ideas and Resource AllocationFeb/Mar 2016Paper 1 Q41 Mark
In 2014, there was an outbreak of ebola, a deadly disease, in West Africa. People obtained information from hospitals, radio broadcasts and notices posted by the roadside on how to prevent the disease from spreading. How can these sources of information be classified?
Ahospitals private good radio broadcasts private good notices public good
Bhospitals private good radio broadcasts public good notices public good
Chospitals public good radio broadcasts private good notices private good
Dhospitals public good radio broadcasts public good notices private good
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The correct answer is B. This question tests the candidate's understanding of basic economic ideas and resource allocation within the Economicssyllabus. The examiner's mark scheme requires...
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