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The economic problem

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Question 8

A local authority decides to provide free public electric vehicle (EV) charging points across all its municipal car parks. This decision means that:

A

some form of non-price rationing will be required to allocate the available charging slots

B

the opportunity cost of the land and capital used for the charging points is zero

C

the demand for EV charging at these stations will become perfectly price inelastic

D

EV charging at these municipal car parks becomes a non-rival public good

Markscheme

The economic problem Questions

  1. A Level
  2. /Economics
  3. /The economic problem

53 exam-style questions on OCR A Level Economics The economic problem. Each one has a worked solution and a mark scheme showing where the marks go.

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