Monday, November 30, 2009

Unit 1: Market failure; obesity in Scotland

An article from the BBC reflecting market failure in Scotland

http://news.bbc.co.uk/1/hi/scotland/8384429.stm

a) What are the private costs of obesity?
b) What sort of market failure does obesity represent?
c) Why this type of market ailure?
d) What actions could the Scottish government take to reduce the market failure?
e) Discuss how successful do you think any government policies will be in reducing obesityin Scotland

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