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Old 8 Nov 2009, 11:57 AM   #46 (permalink)
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Re: Section II - Short Answer

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Originally Posted by Rocket Man View Post
is public toilets a public good?? my friend and i both did this who else did? reps to you!!
thats a merit good
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Old 8 Nov 2009, 2:38 PM   #47 (permalink)
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Re: Section II - Short Answer

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Originally Posted by P.T.F.E View Post
thats a merit good
Merit goods are those which provide positive externalities. Regardless of whether a public toilet provides positive externalities (which I don't think it does), a merit good can also be a public good.

In this case im pretty sure a public toilet is a public good, and neither a merit nor a demerit good.
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