Explain one negative externality that could occur due to the building of a new airport.

A negative externality is a cost that is suffered by a third party as a consequence of an economic transaction. In a transaction, the producer and consumer are the first and second parties, and third parties include any individual, organisation, property owner, or resource that is indirectly affected.For example, increased air pollution from additional road and air traffic.

UE
Answered by Uvini E. Economics tutor

1662 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Why would an increase in demand for a good cause an increase in price for a good?


How do you determine consumer and producer surplus in a monopoly?


What is meant by the term opportunity cost?


Discuss the factors causing the demand for the iPhone to shift to the right.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning