(a)
Goods that are provided centrally by the government.
(a)
Explanation of Solution
Some of the examples of goods and services that are provided by the government for the public are police, fire services, and coast guard. These three public services are provided directly by the government and within its jurisdiction.
(b)
Goods that are provided by firms operating decentralized market.
(b)
Explanation of Solution
Some of the examples of goods and services that are provided by firms that operate decentralized market are entertainment, clothing, and furniture.
(c)
Goods that are provided both centrally by the government and by firms operating in decentralized markets.
(c)
Explanation of Solution
Some of the examples of goods and services that are provided by the government and by firms operating in decentralized markets are education and environmental protection.
(d)
Goods that are provided through some decentralized procedure other than markets.
(d)
Explanation of Solution
The examples of goods and services that are provided through some decentralized procedure other than markets are free concert ticket but it may be offered on the basis of first come or first served.
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