Externalities and Market Failure

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Contents

1 Market Failure
2 Positive Externalities
3 Negative Externalities

Market Failure

This video explains the causes of market failure and identifies the various types of market failure..

Positive Externalities

This video will explain and teach you how to draw diagrams for positive production externalities and positive consumption externalities.

Negative Externalities

This video will explain and teach you how to draw diagrams for negative production externalities and negative consumption externalities.