Card 1 of 24
A [ ] harms a third party; a [ ] benefits a third party.
A
A social cost harms a third party; a social benefit benefits a third party.
B
A positive externality harms a third party; a negative externality benefits a third party.
C
A negative externality harms a third party; a positive externality benefits a third party.
D
A private cost harms a third party; a private benefit benefits a third party.
Card 1 of 24
3.8 Limitations of markets Flashcards
24 flashcards on OCR GCSE Economics 3.8 Limitations of markets: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.