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What is provision of information and can you name an advantage and a disadvantage of this?
Wiki User
∙ 13y ago
Provision of Information is when the government provides information to the consumer in order for them to recognise the true costs/benefits to themselves.
Advantage: Reduces over-consumption/decreases over-consumption
Disadvantage: Information only informs consumers, does not enforce like taxation.
Wiki User
∙ 13y ago
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