Economics B A-Level
Negative externalities in consumption
What Negative externalities in consumption means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Negative externalities in consumption
Check what you remember
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Reference: Pearson Edexcel
Costs that demerit goods impose on third parties when they are consumed.
Topics that use Negative externalities in consumption
- Market failure in society (Pearson Edexcel A-Level)
Related terms
- Demerit goods
- Information failure
- Information gaps
- Market failure
- Positive externalities
- Rational decision making
- Resource allocation
- Resource misallocation
Using Negative externalities in consumption in the exam
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