Unit 2.8-2.10: Market failure review sheet

IB Economics: 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.Private goodsFree goodsPublic goodsMerit goodsDe-merit goodsNegative externalitiesPositive externalitiesDefinitionProvided by-External costs / benefitsNeitherBenefitsBenefitsCosts CostsBenefitsInformation failure

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