Economy, asked by andreidieu1234, 6 months ago

point out two merit and demerit products

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Answered by vijaykawle

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Merit and demerit goods Economics

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.

Answered by puneet12chandhok

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point out two merit and demerit products​

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point out two merit and demerit products