Demerit goods definitions

Demerit goods

A product, such as alcohol, which consumers may overvalue but which the government believes may be harmful for consumers.
Found on http://www.encyclo.co.uk/local/20140

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Demerit goods

A product, such as alcohol, which consumers may overvalue but which the government believes may be harmful for consumers.
Found on http://www.encyclo.co.uk/local/20414

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Demerit Goods

Products or services such as as alcohol, gambling, drugs, prostitution, etc., which are considered unhealthy or undesirable, and are often subject to extra taxes in order to reduce consumption and potentially to fund remedial actions in response to consumption. See Sin Tax.
Found on http://www.encyclo.co.uk/local/22643

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