Market failure #5 - public goods, merit goods & demerit goods

[@rosex6728]

Your videos helped me so so much, thank you! ❤️

[@ibeconguru]

I’m glad! You’re welcome :)

[@marissaoudiane1100]

Can we consider public transport as public good ?

[@ibeconguru]

It’s a quasi public good, not a pure public good, because it is somewhat rivalrous and excludable…