a. What type of market failure would you categorize street lights that are not working? b. Base on the question above, discuss why the type of market failure occur. c. Suggest two relevant Government...

a. What type of market failure would you categorize street lights that are not working?

b. Base on the question above, discuss why the type of market failure occur.

c. Suggest two relevant Government policies that would yeild the efficient outcome and explain the process through which the implementation of the policies will lead to optimal out come.