Which of the Following Statements Is True

question 82

Multiple Choice

Which of the following statements is true?

• A) There are likely to be merit and demerit goods in a market where there is complete information.
• B) Merit goods provide consumers with more bene?ts than they may expect.
• C) Education and health care are examples of demerit goods.
• D) Smoking and drinking are examples of merit goods.

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