The BBC as part of a newsnight series has this clip on food waste
http://news.bbc.co.uk/1/hi/programmes/newsnight/7349716.stm
a) What sort of market failure does waste in the dustbin represent?
b) Which of the 4 possible solutions (taxation, legislation, tradable permits, subsidies) does the clip suggest the government are currently using?
c) Using diagrams, explain how successful government actions reduces the market failure
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