Merit goods
A)are provided for those who behave themselves and play nice.
B)should be provided even if there is no demand for them.
C)increase in costs along with demand.
D)do none of the above.

Question

Quizplus · Accepted Answer

Merit goods are considered to have social benefits that outweigh the private benefits, and therefore should be provided even if there is no demand for them. Examples of merit goods include healthcare and education.

Merit Goods