Question 1:
How do demerit and merit goods distinct from public goods?
Question 2:
What do you mean by negative externalities? Analyze the different means that a government can employ to tackle these problems.
Question 3:
Consider the case for and against the government policy of providing free transport to students.
Question 4:
What do you mean by Cost and Benefit Analysis (CBA)? What are the advantages of conducting a CBA?
Question 5:
Illustrate the problems which can be faced while performing a CBA?