Skip to content

Course home

Sign up

The economic problem

EasyMediumHard
12345678
Question 3

A regional authority decides to provide free, unrestricted access to its state-funded high-performance computing (HPC) servers to all local technology start-ups.

What is a direct consequence of this policy?

A

There will be no opportunity cost associated with operating and maintaining the server clusters.

B

The computing capacity will convert into a non-rival public good.

C

The start-ups' demand for computing time will become perfectly price inelastic.

D

Non-price rationing mechanisms will have to be introduced to distribute the server capacity.

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.

Question bank