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Study Notes
Negative Externalities
- Level:
- AS, A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
What are negative externalities?
Negative externalities occur when production and/or consumption impose external costs on third parties outside of the market for which no appropriate compensation is paid. This causes social costs to exceed private costs.
Negative externalities from production
Negative consumption externalities
Our subjects
- › Business
- › Criminology
- › Economics
- › Geography
- › Health & Social Care
- › History
- › Law
- › Politics
- › Psychology
- › Sociology
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