deadweight cost
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Deadweight loss — created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. In economics,… … Wikipedia
deadweight cargo — ➔ cargo * * * deadweight cargo UK US noun [C or U] TRANSPORT ► goods that are very heavy in relation to the space that they take up. The cost of transporting these goods is calculated by their weight: »The tanker has sufficient cubic capacity to… … Financial and business terms
deadweight loss — UK US noun [C or U] ► ECONOMICS, TAX a loss that occurs when a government raises taxes in order to get more money, but then loses money as a result. For example, a company that goes bankrupt because of increased taxes will stop paying taxes… … Financial and business terms
Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… … Wikipedia
Opportunity cost — Economics … Wikipedia
Tax — Taxation An aspect of fiscal policy … Wikipedia
Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts … Wikipedia
Oil tanker — Supertanker redirects here. For the aerial firefighting aircraft, see Evergreen 747 Supertanker. The commercial oil tanker AbQaiq, in ballast Class overview Name … Wikipedia
Gary Becker — Infobox Scientist name = Gary Becker image size = 180px caption = National Science Medal award ceremony, 2000 birth date = Birth date and age|1930|12|2|mf=y birth place = Pottsville, Pennsylvania, U.S. nationality = United States field =… … Wikipedia
ship — shipless, adj. shiplessly, adv. /ship/, n., v., shipped, shipping. n. 1. a vessel, esp. a large oceangoing one propelled by sails or engines. 2. Naut. a. a sailing vessel square rigged on all of three or more masts, having jibs, staysails, and a… … Universalium
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
