Calculating Dead Weight Loss
Calculating Dead Weight Loss . While the equilibrium quantity is as much as 100 units. There would be people willing and able to pay for a service but are unable to do so as supply is limited. Deadweight Loss Intelligent Economist from www.intelligenteconomist.com The concept of deadweight loss is important from an economic point of view as it helps is the assessment of the welfare of society. Dwl = (p n − p o) × (q o − q n) / 2. In this video i go one step further with the deadweight loss.