A Merit Good Is

question 84

Multiple Choice

A merit good is

• A)Income payments for which no goods or services are exchanged.
• B)A good society holds to a higher standard in tax regulations.
• C)A good or service that society believes everyone is entitled to a minimal quantity of.
• D)A product that serves as an incentive to produce more output.

---

Definitions:

Hereditary Connection

The genetic relationship between organisms, determining the transmission of traits from parents to offspring.

Birds

Warm-blooded vertebrates characterized by feathers, beaks without teeth, and the laying of hard-shelled eggs.

Ribosome Inactivating Proteins

Proteins that can inactivate ribosomes, inhibiting protein synthesis and having potential applications in medicine.

Ricin

A highly toxic protein derived from the beans of the castor oil plant Ricinus communis, which can cause severe illness or death if ingested, inhaled, or injected.