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Maurinko [17]
3 years ago
15

Why can deadweight loss occur when a price is below the equilibrium even when some consumers benefit from it?

Business
1 answer:
soldi70 [24.7K]3 years ago
7 0

When a shortage occurs, some consumers are fortunate enough to benefit from a lower price if they purchase the good or service before the price increase occurs.

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Viv entered into a contract with Rodin, an assassin, to kill her ex-husband. She pays him $50,000, but he does not perform the d
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In many developing countries, the majority of citizens make their living through microenterprises- informal, tiny businesses tha
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