The loss of surplus resulting from misallocation of resources is called .

deadweight loss

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surplus loss

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efficiency loss

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misallocation loss

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Solution

The correct option is A deadweight loss
When the allocation of resources is not efficient, the total surplus is less than its optimal value. This difference or loss of surplus is called deadweight loss.

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The loss of surplus resulting from misallocation of resources is called .

The correct option is A deadweight lossWhen the allocation of resources is not efficient, the total surplus is less than its optimal value. This difference or loss of surplus is called deadweight loss.

The correct option is A deadweight loss
When the allocation of resources is not efficient, the total surplus is less than its optimal value. This difference or loss of surplus is called deadweight loss.