Unit 2.8-2.10: Market failure review sheet
This table which when completed can be used as a revision aid, for the types of goods unit. The page containing the activities, with student access, for the this page available at: Unit 2.8-2.10: Market failure review sheet Private goods Free goods Public goods Merit goods De-merit goods Negative externalities Positive externalities Definition A good which is can be sold A good with no opportunity cost when consumed...