0
In economics, a demerit good is a good/services whose consumption is considered unhealthy, degrading or otherwise socially undesirable due to the perceived negative effects on the consumer themselves. Examples of demerit goods include tobacco.Alcoholic Beverages, recreational drugs, gambling, junk food and prostitution.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Why political instability is a demerit of India?
demerit of india
Discuss the different causes of market failure?
Under/over provision of merit or demerit goods. Can be corrected by the imposing of taxation, subsidies, negative add campaigns, etc.
Merit and demerit of money?
ghynkkl,;lkjhghkmn
What is the definition of market failure?
Market failure is when there is a misallocation of resources, such that merit goods are underprovisioned and demerit goods are overprovisioned. If a market does not fail, it means that the supply of the products, or the demand for these products, takes into account the social cost of production. The result of market failure on the supply and demand model is disequilibrium. The implementation of taxation and subsidies are two methods to correct market failure.
Disadvantages of batch production?
demerit of batch production
How do you spell demerit?
"Demerit" is the correct spelling.
What are the merit and demerit of samacheer kalvi?
merit& demerit
Why political instability is a demerit of India?
demerit of india
What is demerit?
well in my school its like if do something wrong you get a demerit or more
What is a sentence for the word demerit?
my friend will get a demerit in school if she does not enrich her grades
What is a good sentence for demerit?
The girl got a demerit for being late
What is Jay DeMerit's birthday?
Jay DeMerit was born on December 4, 1979.
When was Jay DeMerit born?
Jay DeMerit was born on December 4, 1979.
When was John DeMerit born?
John DeMerit was born on 1936-01-08.
Discuss the different causes of market failure?
Under/over provision of merit or demerit goods. Can be corrected by the imposing of taxation, subsidies, negative add campaigns, etc.
What is the root word of demerit?
The root word of demerit is merit, which means something that deserves praise or reward. Demerit is the opposite of merit, indicating something that deserves blame or punishment.
What is merit and demerit of price level accounting?
merit and demerit of price level accounting
