Deadweight loss is a type of economic inefficiency when a good or service is not at its economic equilibrium (where supply equals demand). This loss may be experienced because of a tax or subsidy, or because of market power, such as a monopoly. Economists refer to deadweight loss when they want to show the negative effects of certain policy decisions that are less than optimal.
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They take deposits so D. is the answer
Answer:
D
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.
for England,
opportunity cost of producing clothes = 5/10 = 0.5
opportunity cost of producing cheese = 10/5 = 2
for France,
opportunity cost of producing cheese = 5/10 = 0.5
opportunity cost of producing clothes = 10/5 = 2
England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese
