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Pearson Edexcel IAL Economics 1.3.1.3d distinction between free goods &

Practise separating free goods from economic goods by using opportunity cost and consumption limits in short definition questions.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • explain why economic goods involve scarcity and an alternative forgone

1.3.1.3d - distinction between free goods and economic goods question 1

[Maximum number: 1]

Which one of the following has an opportunity cost of zero?

A

An economic good

B

A free good

C

A public good

D

A capital good

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