This BBC article oulines the government plans to introduce trials of taxation on rubbish
http://news.bbc.co.uk/1/hi/uk_politics/7067971.stm
a) How is rubbish disposal an example of market failure?
b) Using a diagram, expain how will this plan reduce the market failure
The London mayor Ken Livingstone is scathing in his critisism of the plan
http://news.bbc.co.uk/1/hi/education/7080699.stm
c) Why does he not think the plan will work
Wednesday, October 31, 2007
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