What is Net Loss?

Loss of real income due to monopolies, tariffs, quotas, taxes or other distortions, or loss of consumer surplus and producer surplus. For example, when a monopoly firm raises its price, the loss in consumer satisfaction is greater than the gain in the monopoly firm's income, and the difference is the net social loss caused by the monopoly.

Net loss

discuss

Loss of real income due to monopolies, tariffs, quotas, taxes or other distortions, or loss of consumer surplus and producer surplus. For example, when a monopoly firm raises its price, the loss in consumer satisfaction is greater than the gain in the monopoly firm's income, and the difference is the net social loss caused by the monopoly.

Chinese name

Net loss

Nature

economic

deadweight loss

Loss of real income due to monopolies, tariffs, quotas, taxes or other distortions, or loss of consumer surplus and producer surplus. For example, when a monopoly firm raises its price, the loss in consumer satisfaction is greater than the gain in the monopoly firm's income, and the difference is the net social loss caused by the monopoly.