Spec 7136
Revise AQA A Level Economics 1.8.5 Merit and demerit goods with the question bank, lessons, revision guides, and flashcards.
The classification of merit and demerit goods depends upon a value judgement. • Such products may be subject to positive and negative externalities in consumption. • How under-provision of merit goods and over-provision of demerit goods may also result from imperfect information.
