Sometimes a good's consumption imposes costs on third parties not involved in the market. Such situations are evidence of a type of market failure known as negative consumption externalities. This lesson introduces the key terms and diagrams required to analyze such market failures and provides several examples and potential solutions. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870