The best example of a demerit good in the United States is:
A) clothing.
B) education.
C) automobiles.
D) narcotics.
Correct Answer:
Verified
Q63: Q63: According to the text, a private economy Q64: Use the following to answer question(s): Market Q66: A fundamental reason for concern about the Q71: Use the following to answer question(s): Correcting Q72: Use the following to answer question(s): Correcting Q77: Use the following to answer question(s): Correcting Q87: Transfer payments are considered to be: Q91: An example of the benefits-received principle of Q99: A tax that takes a fixed percentage![]()
A) earned
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