Examlex
What unintended consequence can occur from articles that attempt to be helpful toward populations that are struggling?
Deadweight Loss
A reduction in economic effectiveness that happens when a product or service does not reach, or cannot reach, its equilibrium state.
Average Cost
The total cost of production divided by the number of units produced, indicating the cost per unit.
Consumer Surplus
The bifurcation between what a consumer wishes to pay for a service or good, and what ends up being spent.
Producer Surplus
The difference between what producers are willing to sell a good for and the actual market price of the good.
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