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The economic problem

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Question 6
80%

In economic theory, the fundamental economic problem of scarcity distinguishes between free goods and economic goods. Which of the following is classified as a free good?

A

High-speed municipal Wi-Fi provided with no subscription fee in a city center

B

Solar electricity generated by a commercial photovoltaic array

C

Clean atmospheric air breathed by a farmer working in an open field

D

Healthcare services provided without charge by a state-funded national health service

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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