question archive Which of the following statements is/are correct? a) Goods with a positive externality on society are merit goods

Which of the following statements is/are correct? a) Goods with a positive externality on society are merit goods

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Which of the following statements is/are correct? a) Goods with a positive externality on society are merit goods. b) Overfishing in a lake is an example of a moral hazard problem. c) If a good is non-rival, then the cost of an additional person consuming it is zero.

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