Paper 1 real world example: Market failure in the vaping market.
Vaping is now one of the biggest challenges for schools in Australia with large numbers of pupils becoming dependent and even making themselves sick from using vapes. Terry Slevin from the Public Health Association of Australia has described vaping as a public health crisis as more and more young Australians become addicted to this nicotine-based product in colourful packaging that offers a variety of attractive...