A quiz covering public goods, information failure, and market efficiency. Practice and reinforce your knowledge with flashcards on A-Level Economics…
13 flashcards • Zestly
• Pure public good definition
• Non-excludability
• Non-rivalry
• Free rider problem
• Quasi-public good
• Asymmetric information
• Adverse selection
• Moral hazard
Want to memorise faster — or help someone else remember?
Create your own flashcards
See the full breakdown →
