Topic Videos

Market Failure - Explaining External and Social Costs

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

Last updated 3 Apr 2022

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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