English, asked by Anonymous, 2 days ago

what are merits and demerits?

Answers

Answered by llMadeSavagell

2

Merit and demerit goods involve making a value judgement that something is good or bad for you. Classification is not always straightforward. For example: Cannabis. Cannabis is widely considered a demerit good – it contributes to lung cancer and can lead to psychological problems, such as paranoia

Answered by sd6044701

2

Merit and demerit goods involve making a value judgement that something is good or bad for you.

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