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A-LevelEconomicsMarket FailureMay/June 2011Paper 1 Q161 Mark

What is a distinguishing feature of a public good that is not found with private goods?

AConsumption depends on the ability to pay.
BIt creates negative externalities.
CIts consumption by one consumer can have an effect on other consumers.
DIts consumption by one consumer does not restrict consumption by other consumers.

✓ Correct Answer

The correct answer is D: Its consumption by one consumer does not restrict consumption by other consumers.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Market Failure in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2011 examination, Paper 1 Variant 2.

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