deadweight

Noun

Meaning

deadweight (plural deadweights)

Alternative spelling of dead weight

Synonyms

Antonyms

Phrases with the word

Examples

Because deadweight costs are related to the elasticity of supply and demand for a good, it follows that putting the highest tax rates on the goods for which there is most inelastic supply and demand will result in the least overall deadweight costs. Source: Internet

Because the monopolist ultimately forgoes transactions with consumers who value the product or service more than its price, monopoly pricing creates a deadweight loss referring to potential gains that went neither to the monopolist nor to consumers. Source: Internet

Double marginalization occurs when both the upstream and downstream firms have monopoly power and each firm reduces output from the competitive level to the monopoly level, creating two deadweight losses. Source: Internet

Following a merger, the vertically integrated firm can collect one deadweight loss by setting the downstream firm's output to the competitive level. Source: Internet

From the initial two Yugoslav-built cargo vessels, the line had grown by the mid-1970s to seven ships, totaling about 52,340 deadweight tons. Source: Internet

Given the presence of this deadweight loss, the combined surplus (or wealth) for the monopolist and consumers is necessarily less than the total surplus obtained by consumers by perfect competition. Source: Internet

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