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. This question tests the candidate's understanding of market failure 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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