Economics (AS & A Level) · May / June 2025 · Paper 13 · Question 5
9708Resource allocation in different economic systems
Which row correctly identifies goods that would be expected to be produced in a mixed economy?
- Agoods that are excludable and rival in consumption ✓; goods that are non-excludable and non-rival in consumption ✓; goods that have private and external benefits ✓
- Bgoods that are excludable and rival in consumption ✓; goods that are non-excludable and non-rival in consumption ✓; goods that have private and external benefits ✗
- Cgoods that are excludable and rival in consumption ✓; goods that are non-excludable and non-rival in consumption ✗; goods that have private and external benefits ✓
- Dgoods that are excludable and rival in consumption ✗; goods that are non-excludable and non-rival in consumption ✗; goods that have private and external benefits ✓
As printed in the paper
Show the answer
Correct answer: A. goods that are excludable and rival in consumption ✓; goods that are non-excludable and non-rival in consumption ✓; goods that have private and external benefits ✓
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.