Price Ceilings: Deadweight Loss
Автор: Marginal Revolution University
Загружено: 2015-02-25
Просмотров: 211653
In this video, we explore the fourth unintended consequence of price ceilings: deadweight loss. When prices are controlled, the mutually profitable gains from free trade cannot be fully realized, creating deadweight loss. With price controls, less trading occurs and both buyers and sellers miss out on the mutually profitable gains that could have occurred. We’ll show how to calculate deadweight loss using our example of a price ceiling on gasoline.
Try our price ceilings interactive practice: https://mru.io/um6
Microeconomics Course: https://mru.io/gi7
Next video: https://mru.io/i4e
Help us caption & translate this video! http://amara.org/v/GLJ8/
00:00 How price ceilings create deadweight loss
00:24 Lost gains from trade
01:06 Price ceilings: reduce gains from trade
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке:
