Externalities, merit and demerit goods and public, quasi public and private goods - Flashcards in A Level and IB Economics

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Created by: Jade
Created on: 01-12-12 15:54

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Clues

Both excludable and rival (7, 4)
Demerit goods, have ______ externalities arising out of their use (8)
Education and health are examples are? (5, 5)
Fencing a park or beach and charging an entrance fee. This is? (4, 3, 10)
Goods having some but not all of the characteristics of a public good (5, 6, 4)
Merit goods tend to have ________ externalities associated with their consumption (8)
Negative externalities create _________. (8, 5)
Negative externalities result in? (14)
Positive externalities result in? (15)
Up to a point, extra consumers using a park, beach or road do not reduce the amount of the product available to other consumers. Eventually additional consumers reduce the benefits to other users. This is? (4, 3, 5)

Comments

Report Sun 27th January, 2013 @ 22:14

very good quiz!

Report Fri 13th December, 2013 @ 09:58

This 10 question quiz can be used to provide a brief respite from intensive reading and highlight areas for further study.

Alvarodasilva17

Report Wed 26th February, 2014 @ 18:12

(y)

Report Thu 3rd March, 2016 @ 15:06

slap my botty

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