Deadweight Loss Can Be Explained As

question 47

Multiple Choice

Deadweight loss can be explained as:

• A)an increase in economic benefits due to efficient allocation of resources
• B)a reduction in net economic benefits resulting from an inefficient allocation of resources
• C)an increase in economic benefits due to inefficient allocation of resources
• D)a decline in the quantity of output produced due to the inefficient allocation of resources

---

Definitions:

Edit the Comment

The action of modifying or correcting text in a comment section, often to update information or clarify statements.

Navigation Pane

A UI component that provides users with a way to navigate through a document, webpage, or application, often displayed as a sidebar.

Insert Citation

Insert citation is a process in word processing and publication software where references to sources or bibliography entries are incorporated into the text to give credit to original authors.

Enter the Message

An instruction or prompt for the user to input text or information.