Phrases with «deadweight loss»

"Deadweight loss" refers to the economic inefficiency and loss that occurs when resources are not allocated optimally. It usually happens when there is a market distortion, such as taxes or subsidies, which leads to an imbalance in supply and demand. This results in a loss of potential economic benefits for both buyers and sellers, causing an overall loss or waste of resources. Full definition

deadweight loss

Sentences with «deadweight loss»

Furthermore, as stated by the EPA «Biofuels also tend to require subsidies and other market interventions to compete economically with fossil fuels, which creates deadweight losses in the economy.» (filluponfacts.com)
«The Brexit tax would be a pure deadweight loss. (cnbc.com)
In economic theory there's a notion called deadweight loss, or market inefficiency, which impacts a consumer when the value of an item's utility is less than the price paid for it. (publicpolicyforum.org)
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Phrases with «deadweight loss»

Sentences with «deadweight loss»

See also