Question

1 evaluate the market failure in south Africa 2 base your argument on south african context and also outline its effects thereof 3 evaluate at least four types of market failure and also how the government should correct the market failure 4 use appropriate examples, pictures and graph

Answer 1

http://www.google.com/#q=market+failure+in+south+Africa

Answer 2

I think the negative outcomes is that resources are not allocated efficiently

Answer 3

base your argument on south africa

Answer 4

evaluate externalities as a type of market failure within the South African context and their effect thereo