Tutor2u has an interesting post about the BMA proposal to tax chocolate and there is a BBC vieo and article as well
http://www.tutor2u.net/blog/index.php/economics/comments/chocolate-tax-they-wouldnt-would-they/
http://news.bbc.co.uk/1/hi/scotland/glasgow_and_west/7938282.stm video
a) How does the free market for chocolate fail?
b) What are the private costs and external costs associated with consuming chocolate?
c) What are the private benefits and external benefits associated with consuming chocolate?
d) Using a S&D diagram, discuss the extent to which a tax on chocolate would reduce the market failure
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