Economics 9708 · AS & A Level · Economic methodology

Economic methodology — practice question

Which statement is incorrect?

  • AAddictive drugs are regarded as demerit goods because users are unaware of the full damage they do.
  • BAir is regarded as a free good because its use has no opportunity cost.
  • CNational defence is regarded as a public good because one citizen ‘consuming’ it reduces the amount of it available to others.
  • DVisits to a doctor are regarded as private goods partly because they are rival.

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