Economics for Business: Public, Quasi-Public, and Private Goods in the UK Market

This report discusses the concept of public, quasi-public, and private goods in the UK market and explains why the UK economy requires them. It also covers the concept of merit and demerit goods and their impact on society. The report further explains how the UK government uses policies and funding to improve access to merit goods and limit access to demerit goods. The report concludes by discussing the effectiveness of UK government interventions in the fair provision of merit goods.