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1.3.5.3a - distinction between public and private goods: public goods • private goods: rival and

Syllabus
2018
Objective
1.3.5.3
Level
AS

a - distinction between public and private goods: public goods • private goods: rival and

The distinction between public and private goods: public goods; private goods: rival and excludable; public goods: non-rival and non-excludable.

Use a - distinction between public and private goods: public goods • private goods: rival and to connect the rule to the data and decision in the question.

This matters because a - distinction between public and private goods: public goods • private goods: rival and determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - distinction between public and private goods: public goods • private goods: rival and to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - distinction between public and private goods: public goods • private goods: rival and is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

ConceptA-Level Edexcel Economics AS