When inefficiency is in the market because of demand and surlus issues. It has a negative impact on society. A triangle is the diagram used to show this demand curve, supply curve, and quantity. This happens when the government takes action like taxes or

More On This Topic

Link to This Definition
Did you find this definition of DEADWEIGHT LOSS helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary