Examlex
An example of a demerit good is:
Pseudoscience
Claims, beliefs, or practices presented as scientific but lacking empirical evidence or falsifiability, not adhering to the scientific method.
Testable Explanation
A hypothesis or theory that can be put to the test, designed to explain phenomena in the natural world.
Hypothesis
An initial hypothesis put forward to explain a phenomenon that serves as a basis for further study and can be verified by experimental and observational means.
Scientific Theory
A well-substantiated explanation of some aspect of the natural world, based on a body of evidence and repeatedly tested hypotheses.
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