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1.3.2 Externalities

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Question 17

The International Energy Agency (IEA) has projected that global demand for residential natural gas will begin a structural decline before 2030 as a growing number of households transition to electric heat pumps.

Evaluate the likely microeconomic consequences of households shifting from natural gas-fired heating systems to electric heat pumps.

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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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