CourseCourseConceptConceptDocsDocuments

Edexcel A-Level Economics AS 1.3.1 3d Distinction Between Free Goods and Economic Goods Questions

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

Edexcel A-Level Economics AS 1.3.1 3d Distinction Between Free Goods and Economic Goods Questions 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

All question bank results loaded