a. Using examples, explain the characteristics of public goods and merit goods. b. Discuss why in many
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a. Using examples, explain the characteristics of public goods and merit goods.
b. Discuss why in many countries certain types of education and health care are provided as private goods and not as merit goods.
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Related Book For
Cambridge International AS And A Level Economics Coursebook
ISBN: 9781107679511
3rd Edition
Authors: Colin Bamford, Susan Grant
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