A good whose consumption the public sector discourages on grounds that individuals don't adequately weigh its costs is a:

Question

Quizplus · Accepted Answer

The consumption of demerit goods, such as alcohol and tobacco, is discouraged by the public sector because individuals may not fully consider the costs of their consumption, such as health risks and financial burdens. These goods have negative externalities and are often subject to government regulation or taxation to reduce their consumption.

A Good Whose Consumption the Public Sector Discourages on Grounds