More cards in this set

What are some examples of public goods?

How can public and merit goods cause market failure?

How can demerit goods cause market failure?

How can negative externalities cause market failure?

How can poor allocation of resources cause market failure?

How can markets be corrected?

What are the consequences of under-provision and under-consumption of merit goods?

In jargon terms, what are public goods said to be?

What does non-rivalrous mean?

What does non-excludable mean?