menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics
  4. Exam
    Exam 10: Public Goods, Common Resources and Merit Goods
  5. Question
    Which of the Following Could Be a Merit Good
Solved

Which of the Following Could Be a Merit Good

Question 20

Question 20

Multiple Choice

Which of the following could be a merit good?


A) education.
B) national defence.
C) police service.
D) flood control schemes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: The Tragedy of the Commons is a

Q16: A merit good cannot be provided by

Q17: A negative externality affects market efficiency in

Q19: When markets fail to allocate resources efficiently,

Q21: _ is a survey-based approach which aims

Q22: Private markets have difficulty providing public goods

Q23: Imagine a 200 hectare park with picnic

Q24: When governments employ a cost-benefit analysis using

Q25: To achieve the optimal provision of public

Q34: Governments can improve market outcomes for<br>A)public goods

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines