Flashcard sets with a 'deadweight loss' term meaning 'loss in consumer and producer surplus de to inefficiency because some transaction cannot be made and therefore their value to society is lost.'

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1-1 of 1Flashcard sets with a 'deadweight loss' term meaning 'loss in consumer and producer surplus de to inefficiency because some transaction cannot be made and therefore their value to society is lost.'
# Title Terms Date
1Chapters 1-4 Test Reviewby solarpowerxx47 termsSeptember 24, 2009
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