Question: write very briefly Required: Complete parts (a), (b), and (c) below: (a) Explain four types of market failures. (b) Explain what is meant by a

write very briefly

Required: Complete parts (a), (b), and (c) below: (a) Explain four types of market failures. (b) Explain what is meant by a private good and give one example of such a good. (c) Explain what is meant by a quasi-public good and a public good and give one example of each type of good

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