Question: hi, I hope you're having an amazing day! can you please answer the following question: 'Evaluate the view that the most effective way in which

hi, I hope you're having an amazing day! can you please answer the following question: 'Evaluate the view that the most effective way in which the government can encourage the consumption of merit goods is through direct provision'

please Make sure to include:

  • relative economic theory
  • pros and cons
  • long/short term effects
  • effect on steakholders
  • consequences
  • a consideration of alternatives such as maximum prices, subsidies, legislation, advertising, required private insurance in the case of health care.

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