Economics 9708 · AS & A Level · 7.4

7.4 — practice question

(a)[8]

Explain the meaning of public good and private good.

(b)[12]

Discuss whether economic actions by individuals always result in a net benefit to society.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: General point (definition/distinction between private and public goods)

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