In 2021, a national health institute found that up to 40% of parents with young children were not administering daily Vitamin D drops, despite pediatric guidance. In response, the health ministry launched a national informational campaign to educate parents on how Vitamin D prevents bone-growth conditions such as rickets.
On the basis of this information, what type of good is Vitamin D supplementation for children?
A demerit good
A good with negative externalities of consumption
A good with positive externalities of consumption
A merit good
11 exam-style questions on OCR A Level Economics Information failure. Each one has a worked solution and a mark scheme showing where the marks go.