Paper 1 · public goods
A municipal authority budget included construction of non-income generating facilities not taken up by the private sector. Such facilities are referred to as
Aeconomic goods.
Bfree goods.
Cmerit goods.
Dpublic goods.
Explanation: Public goods cannot be provided by the private sector because they are non-excludable and non-rival. The marking scheme confirms answer D.
ZIMSEC Economics Paper 1, November 2009, Q4
