how can goverment resolve the problem of market faliar in case of public good
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Solutions to Market Failures
These can take the form of private market solutions, government-imposed solutions, or voluntary collective action solutions. ... Governments can also impose taxes and subsidies as possible solutions. Subsidies can help encourage behavior that can result in positive externalities.
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Answer:
Solutions to Market Failures
These can take the form of private market solutions, government-imposed solutions, or voluntary collective action solutions. ... Governments can also impose taxes and subsidies as possible solutions. Subsidies can help encourage behavior that can result in positive externalities.
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