Several economists around the world are wondering whether the majority of Africans are benefiting from investment and profits originating from the continent. African leaders have been […]
a) Explain the economic logic behind laws related to the concept of vicarious liability The simple definition of vicarious liability is where an individual or firm […]
1.0 Introduction Market failure refers to a situation whereby a freely-functioning market fails to allocate resources efficiently or optimally resulting in undesirable outcomes. Main examples of […]