Competitive Market 500–1000 Words

Support your answers with examples and research and cite your sources using APA format.

Discussion Question:

One of the problems in a competitive market environment is deadweight losses.

  • What are deadweight losses, and what are their causes?
  • What are the market effects of a deadweight loss?
  • What are the major factors that determine who will bear the burden of a tax or the incidence of a tax?
  • Your posting should be the equivalent of 1 to 2 single-spaced pages (500–1000 words) in length. DO NOT COPY the assignment wording in your post.
  • Since you are engaging in research, be sure to cite in the body of the post and add a reference list in APA format. The excessive use of quotes will directly impact performance since this indicates a lack of comprehension and shows that you may not have mastered the concepts.