Addressing these issues can lead to a more efficient economy

Reference no: EM133630249

Question: Write this post in different words. Finally, in terms of optimal allocation of public goods, market failure and government failure are key issues that economies face. These obstacles can be solved by combining market-based solutions, government policy, and institutional changes. Addressing these issues can lead to a more efficient economy that provides people with the commodities and services they require.

Reference no: EM133630249

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