Negative Externalities Of Unhealthy Food

-Negative Externalities of unhealthy foods and ways to overcome it:
Eating unhealthy food has a vast effect in our lives. We may become obese and get prone to diseases like diabetes, heart diseases etc. This will affect our life and also the people around us. Research by BBC says that 10-11 year old children in UK are obese while one in three is overweight. Another study says about teenagers suffering from diabetics. So when we start thinking the causes for this issue, it’s because the junk food is cheaper than most healthy foods. Take for example a Hamburger in McDonald is 35 cents whereas one salad will cost around $2. So obviously people will go for junk food because it’s cheap, easily available and it’s tasty. The taste factor plays a important role here.

And the price comes down to P* and Quantity supplied also reduces. The distance between MSB and MPB is the welfare loss or deadweight loss. Welfare loss is a costs to society created by market inefficiency. Deadweight loss can be applied to any deficiency caused by an inefficient allocation of resources.
There is a negative externality in consuming junk food. Externality is the quality or state of being outside or directed toward or relating to the outside or exterior. So negative externality is when you get affected even when you are not involved in that process. The negative externalities of consuming junk food are:
• By eating unhealthy food we may get prone to diseases like diabetics and heart diseases which will disturb our life and even the people around us. And if more people get affected with these diseases those people will not be go for work. So if there is a lack of labour presence in the company the company output and revenue might get affected.
• When more people get prone to diseases by consuming junk food, the time , money and energy spent treating the patience is also an