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1.3.2 Externalities

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Question 5

The external benefits of residential home insulation retrofitting include reduced national carbon emissions, improved local air quality, and a reduction in public healthcare expenditure related to cold-housing illnesses.

Draw an externalities diagram to show the market failure associated with the consumption of residential home insulation retrofitting.

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Markscheme

1.3.2 Externalities Questions

  1. A Level
  2. /Economics
  3. /1.3.2 Externalities

54 exam-style questions on Edexcel A A Level Economics 1.3.2 Externalities. Each one has a worked solution and a mark scheme showing where the marks go.

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