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The top documents tagged [consumption of demerit]
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Merit and Demerit goods Grade 11 Economics. Objectives Define and give examples of merit and demerit goods. Analyse the over-, and under-consumption of
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Macroeconomic Policy Objectives AS Economics. Aims and Objectives Aim: Understand two macroeconomic objectives. Objectives: Define policy instruments
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Define a merit good Define a demerit good What is the link between these and market failures? Give 5 examples of each. Explain ways in which
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Market Failure: Public Goods
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