Q. A demerit good: (Solved)
1. is a public good
2. involves a positive externality
3. is overprovided in the free market
4. is under provided in the free market
- c. is overprovided in the free market
1. is a public good
2. involves a positive externality
3. is overprovided in the free market
4. is under provided in the free market