![Mcqmate logo](https://mcqmate.com/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/images/logos/logo-white.png)
McqMate
Q. |
Merit goods are those which, when consumed, generate positive external benefits. This is likely to mean that, in a free market economy, the good will be: |
A. | Over-consumed. |
B. | Over-supplied. |
C. | Subject to VAT. |
D. | Under-supplied. |
Answer» D. Under-supplied. |
View all MCQs in
Public EconomicsNo comments yet