(Answered) Select one of the four market failures public goods

Management Studies

Select one of the four market failures: Public Goods, externalities, Natural monopolies, and Information asymmetries and locate an example of one of these market failures in your community. In a response of 500 words or more, include the following:

Analyze the key reasons behind the market failure.

Describe the public's response.

Recommendations. What would you have done differently?

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