The Loss in Consumer and Producer Surplus Due to Inefficiency

question 373

Multiple Choice

The loss in consumer and producer surplus due to inefficiency is called _____ loss.

• A) inefficiency
• B) deadweight
• C) surplus
• D) market

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Definitions:

Intestine

Part of the digestive system, a long tube that helps in the digestion and absorption of nutrients from food.

Combining Forms

Morphemes that occur in the middle or at the beginning of a word and are used to alter its meaning or create a new word.

Entero

Pertaining to the intestines.

-centesis

A medical term suffix used to describe a procedure involving puncture or penetration of a body cavity to aspirate or remove fluid.