Merit goods - short answer
Letīs Do Some Economics
Classify the following goods as either public (P), merit (M) or demerit goods.
| Good | Public (P), merit (M) or demerit (D)? |
|---|---|
| Health care (free) | |
| Museums | |
| Birth control | |
| Radio transmissions | |
| Marijuana | |
| Sea defences | |
| Seat belts | |
| Public parks | |
| Nursery education (pre-school) | |
| Theatres | |
| Lighthouses | |
| Motorways | |
| Cocaine | |
| Vaccinations | |
| Milk | |
| Cigarettes | |
| Alcohol |
