Another example from the BBC of negative externalities associated with binge drinking and a possible solution trialled by the government
http://news.bbc.co.uk/1/hi/uk/7741067.stm
This clip also shows the private cost of excessive drinking by the young
http://news.bbc.co.uk/1/hi/health/7743321.stm
a) What negative externalities associated with binge drinking are identified in the clip?
b) What possible solution is being trialled by the government?
c) To what extent do you believe such schemes will reduce the market failure associated with binge drinking?
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment