Note AcademyNote Academy
Start

Economics (AS & A Level) · Oct / Nov 2022 · Paper 11 · Question 2

9708Classification of goods and services

A local council provides a tap for drinking water in a town. Would this make drinking water a free good?

  1. ANo, because it is possible to exclude some people from using the tap.
  2. BNo, because it requires the use of scarce resources.
  3. CYes, because it is available to all passers-by.
  4. DYes, because it is impossible to charge for it.

As printed in the paper

Show the answer

Correct answer: B. No, because it requires the use of scarce resources.

Sit this whole paper →More on Classification of goods and services

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.