Home >  Blossary: Microeconomic Terms  >  Term: deadweight loss
deadweight loss

The decrease in total surplus of the market that is a result of a policy. Ex: price ceilings/floors; government intervention.

0 0

Microeconomics

Category: Education

Total terms: 20

Creator

  • Timmwilson
  • (Beijing, China)

  •  (Bronze) 187 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.