Homework answers / question archive / 1 What is the type of market for selling bottled water, Tap water and coca cola? 2  Policymakers can introduce policy to reduce the price set by monopolies? What is the ‘average cost pricing rule’ implement by the government to regulate the market? 3  What is the characteristics of public good and externalities? What is market failure?

1 What is the type of market for selling bottled water, Tap water and coca cola? 2  Policymakers can introduce policy to reduce the price set by monopolies? What is the ‘average cost pricing rule’ implement by the government to regulate the market? 3  What is the characteristics of public good and externalities? What is market failure?

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1 What is the type of market for selling bottled water, Tap water and coca cola?

2 

Policymakers can introduce policy to reduce the price set by monopolies? What is the ‘average cost pricing rule’ implement by the government to regulate the market?

3 

What is the characteristics of public good and externalities? What is market failure?