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Market Failure - Explaining External and Social Costs

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 3 Apr 2022

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Students often confuse external and social costs in their micro exams. This short video explains the difference with some applied examples.

Market Failure - Explaining External and Social Costs
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