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Economics (AS & A Level) · May / June 2023 · Paper 13 · Question 1

9708Classification of goods and services

People plant flowers in a local park. Which statement is correct?

  1. AFlowers in parks are a public good because people can enjoy them at no charge.
  2. BFlowers in parks are a public good because they are owned by local people and are not for profit.
  3. CFlowers in parks are not a public good if local people can limit the number of visitors to the parks.
  4. DFlowers in parks are not a public good if they are individual, not identical, in nature.

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Correct answer: C. Flowers in parks are not a public good if local people can limit the number of visitors to the parks.

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