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Economics (AS & A Level) · May / June 2021 · Paper 11 · Question 3

9708Classification of goods and services

Which type of good would be over-consumed because of information failure?

  1. Ademerit
  2. Binferior
  3. Cmerit
  4. Dpublic

As printed in the paper

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Correct answer: A. demerit

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