Which merit good is likely to be under consumed when left to the market mechanism?

Question

Quizplus · Accepted Answer

Education is a merit good that produces positive externalities, such as a more educated populace contributing to a more productive economy, better-informed citizens, and less crime. However, because private individuals may not fully appreciate these benefits, market demand for education is likely to be lower than the socially optimal level, leading to under-consumption.

Which Merit Good Is Likely to Be Under Consumed When