Concept
Version 5
Created by Boundless
Introduction to Deadweight Loss
Deadweight loss
This chart illustrates the deadweight loss created when a price floor is instituted on the market for a good. The amount of deadweight loss is shown by the triangle highlighted in yellow. This area is known as Harberger's triangle.
Source
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"Deadweight-loss-price-ceiling."
http://en.wikipedia.org/wiki/File:Deadweight-loss-price-ceiling.svg
Wikipedia
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