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The economic problem

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Question 14

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

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

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

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

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

The economic problem Questions

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