Biology, asked by nivethalakshumanan22, 3 days ago

hen merit and demerit ​

Answers

Answered by thakurojasvi935
1

Explanation:

Merit goods are 'good' for you. Demerit goods are thought to be 'bad' for you. Examples are alcohol, cigarettes and various drugs. In this case the market fails because these goods are over-consumed if left to the free market.

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