Question: Distinguish between publicly provided goods public goods and merit goods
Distinguish between publicly provided goods, public goods and merit goods.
Answer to relevant QuestionsConsider the advantages and disadvantages of extending property rights so that everyone would have the right to prevent people imposing any costs on them whatsoever (or charging them to do so).Why might efforts to address the issue of global warming be hampered by a lack of understanding of probability amongst the general public?Should governments or regulators always attempt to eliminate the supernormal profits of monopolists/oligopolists?Price-cap regulation was abandoned in the gas and electricity industries because the regulator (Of gem) felt that there was sufficient competition. Consider whether this was a wise decision.Consider the most appropriate policy for tackling each of the different types of unemployment.
Post your question