Give an example of a merit good and a demerit good


Problem

1. Give an example of a merit good, a demerit good, a public good, and a good that involves an externality.

2. Name two international organizations that countries have developed to coordinate economic actions.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Give an example of a merit good and a demerit good
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