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A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2011 · 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

D: Its consumption by one consumer does not restrict consumption by other consumers.

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2011 Paper 1 Variant 2, question 16.

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