What are private goods, club goods, common goods, and public goods? How are these different types of goods similar? How are they different? Give an example of each. Why are the distinctions among different types of goods important for designing public policies?

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The Answer of What are private goods, club goods, common goods, and public goods? How are these different types of goods similar? How are they different? Give an example of each. Why are the distinctions among different types of goods important for designing public policies?

What Are Private Goods, Club Goods, Common Goods, and Public