The recent Coronaviruz has had a big impact on our ecomomy, can someone explain to me how...

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Economics

Therecent Coronaviruz has had a big impact on our ecomomy, can someoneexplain to me how the thr following has been effectedrecently?

1. explain the public goods problem
2. explain the solution to the public goods problem
3. provide 4 examples of public goods that are instrumental inmanaging / solving the Coronavirus outbreak? ex: world healthorganization is a public organization
4. comment on how effective these public goods are currentlyfunctioning. What could be fone to improve their functioning?

thank you very much!

Answer & Explanation Solved by verified expert
3.9 Ratings (775 Votes)
1Public goods problem often arises when people uses too much of it and as a result causes negative externalities With regard to the recent pandemic the public good problem arises when suppose a person goes to a park or a market place there might be chances of the virus spreading There will be many people    See Answer
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