FACTOID # 23: Wisconsin has more metal fabricators per capita than any other state.
 
 Home   Encyclopedia   Statistics   States A-Z   Flags   Maps   FAQ   About 
   
 
WHAT'S NEW
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Deadweight

The weight of a ship when empty; i.e, the weight of an oil tanker without barrels of oil.


  Results from FactBites:
 
Chapter 8 (1363 words)
Taxes have deadweight losses because they cause buyers to consume less and sellers to produce less, and this change in behavior shrinks the size of the market below the level that maximizes total surplus.
deadweight loss:  the fall in total surplus that results from a market distortion, such as a tax.
         The deadweight loss is the area of a triangle and the area of a triangle depends on the square of its size.
Deadweight loss - Wikipedia, the free encyclopedia (463 words)
In economics, a deadweight loss (also known as excess burden) is a loss of economic efficiency that can occur when equilibrium for a good or service is not Pareto optimal.
The term deadweight loss may also be referred to as the "excess burden of monopoly" or the "excess burden of taxation".
The latter is related to the concept of consumer surplus, such that it can be shown that the Marshallian deadweight loss is zero where demand is perfectly elastic or supply is perfectly inelastic.
  More results at FactBites »

 
 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:

 


Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m