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1.3.3 Public goods

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Question 8

In 2023, a national maritime agency allocated £85 million to upgrade its coastal lighthouse network and satellite-based marine navigation beacons to prevent shipping collisions in busy sea lanes.

What are the defining characteristics of a pure public good, such as these marine navigation beacons?

A

Rivalrous and excludable

B

Non-rivalrous and non-excludable

C

Rivalrous and non-excludable

D

Non-rivalrous and excludable

Markscheme

1.3.3 Public goods Questions

  1. A Level
  2. /Economics
  3. /1.3.3 Public goods

24 exam-style questions on Edexcel A A Level Economics 1.3.3 Public goods. Each one has a worked solution and a mark scheme showing where the marks go.

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