Transfats - what do you know about them?
They kill you!
From the BBC we learn that transfats are being banned in California
Check back over your diagrams and then...
a) Using a diagram, explain what sort of market failure trans fats represent
b) Why has California taken this action?
c) To what extent do you think the action will reduce the market failure?
Diseconomies of scale
7 years ago
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