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Which of the following statements about merit goods is correct? Emergency healthcare is
considered a merit good in most places. To ensure a socially-optimal level of provision, merit
goods should be provided by the private sector. All goods with a positive externality on society
are merit goods. Merit goods are allocated according to consumers' willingness-to-pay.

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Which of the following statements about merit goods is correct Emerg.pdf

  • 1. Which of the following statements about merit goods is correct? Emergency healthcare is considered a merit good in most places. To ensure a socially-optimal level of provision, merit goods should be provided by the private sector. All goods with a positive externality on society are merit goods. Merit goods are allocated according to consumers' willingness-to-pay.