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dusya [7]
3 years ago
15

Deadweight loss occurs when

Business
1 answer:
dusya [7]3 years ago
3 0

Answer:

d) the maximum level of total welfare is not achieved.

Explanation:

When the economic efficiency bears a loss, it is termed to be a deadweight loss. This condition occurs in the situation when the free market equilibrium is not able to be achieved. It occurs in the economy when the supply and the demand for the goods and services start to fall from being in the state of equilibrium. The resources allocated experiences a deficiency, thereby causing a deadweight loss.

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5 0
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icang [17]

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3 years ago
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3 0
3 years ago
The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced
mariarad [96]

Answer:

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Clickable text or images that take you to different sites on the World Wide Web are called
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