Choose a public good in the market and explain how the chosen product fits into the characteristics

Subject:ManagementPrice:2.84 Bought7

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Choose a public good in the market and explain how the chosen product fits into the characteristics. Decide if market fails for the chosen product in the market. Discuss.

• Introduction to the chosen public goods
• Explanation of how the chosen public goods fits its characteristics
• Decision on whether market failure happens for the chosen public goods
• Suggestions to overcome the economic problem of the chosen public goods