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Economics (AS & A Level) · Oct / Nov 2025 · Paper 14 · Question 11

9708Classification of goods and services

What is a characteristic of a public good?

  1. AHouseholds cannot accurately value the benefits of a good.
  2. BHouseholds cannot be excluded from consuming the good.
  3. CThe amount of the good available diminishes as households consume it.
  4. DHouseholds are rivals in the consumption of the good.

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Correct answer: B. Households cannot be excluded from consuming the good.

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