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What are the market effects of a deadweight loss

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Reference no: EM132587735

One of the problems in a competitive market environment is deadweight losses.

  • What are deadweight losses, and what are their causes?
  • What are the market effects of a deadweight loss?
  • What are the major factors that determine who will bear the burden of a tax or the incidence of a tax?

Reference no: EM132587735

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