Deadweight Loss
What Deadweight Loss means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Deadweight Loss
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Reference: Pearson Edexcel
The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved.
Topics that use Deadweight Loss
- Government intervention (Pearson Edexcel A-Level)
Related terms
Using Deadweight Loss in the exam
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