Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics OCR
  3. Question bank

The economic problem

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546
Question 46

In economic theory, the distinction between a free good and an economic good is central to understanding the economic problem of scarcity. Which of the following situations describes the consumption of a free good?

A commuter drinks purified tap water from a public water fountain in a city transit station.

An internet user downloads a free open-source operating system that was developed by volunteers.

A resident reads a book at night under a solar-powered street light installed and maintained by local authorities.

A tourist bathes in the open ocean on a wild, unmanaged coastline.

The economic problem Questions

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