--%>

What find out the size of this loss

What find out the size of this loss?

The size of the deadweight loss is based on the elasticity of supply and demand. As the elasticity of demand increases and the elasticity of supply decreases, that means as supply becomes more inelastic, the deadweight loss becomes larger.

   Related Questions in Managerial Accounting

  • Q : Define Traceability Traceability : The

    Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.

  • Q : Define Cost Object Cost Object (also

    Cost Object (also referred to as Cost Objective): It is an activity, item, or output whose cost is to be computed. In a wide sense, a cost object can be an organizational division, task, a function, product, service, or a customer.

  • Q : Techniques to liberate the function of

    Write down the different techniques employed to liberate the function of management accounting?

  • Q : Accounting Information Systems &

    You must prove your calculations The following information pertains to Blue Company revenue cycle and was reported at December 31, 2011. Year 2011, additional information is as follows: 1.       100 units that was purchased fo

  • Q : Capital account An account used in a

    An account used in a partnership to record an individual partner's investment in the partnership plus the indi- vidual's share of any undistributed partnership income. In a corpo- ration, the equity sections have two parts: the contributed capital and retained earning

  • Q : Things which Opportunities comprises

    Write a brief note on the things which Opportunities comprises?

  • Q : Management accounting and financial

    What does the difference between management accounting and financial accounting suggest?

  • Q : Factors due to changing business

    What are the various factors which occurred due to the changing business landscape?

  • Q : Break even analysis based homework I

    I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it

  • Q : Why you want to be an accountant Why

    Why you want to be an accountant? Normal 0 false