The girl got a demerit for being late
my friend will get a demerit in school if she does not enrich her grades
A good that is over-consumed if left to the market
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.
Merits are the good thing- Demerits are the bad things-
"Demerit" is the correct spelling.
demerit of india
merit& demerit
Consuming a demerit good can lead to negative consequences such as health issues, addiction, financial strain, and social problems. These goods are considered harmful or undesirable, and their consumption can have long-term impacts on individuals and society.
well in my school its like if do something wrong you get a demerit or more
A demerit good is a product or service that is considered harmful or undesirable for individuals and society, leading to negative effects when consumed. Governments often intervene in the market for demerit goods, such as tobacco or alcohol, by imposing taxes, regulations, or bans to reduce consumption. These goods are typically associated with negative externalities, meaning their consumption can lead to broader societal costs, such as health issues or increased crime. As a result, demerit goods are often discouraged through policy measures to promote public welfare.
Jay DeMerit was born on December 4, 1979.
Jay DeMerit was born on December 4, 1979.