Deadweight Loss Calculator
| Parameter | Description | Example Value |
|---|---|---|
| Equilibrium Price | The price at which the quantity demanded equals the quantity supplied. | $10 |
| Equilibrium Quantity | The quantity at which the market is in equilibrium. | 100 units |
| New Price | The new price after a change (e.g., tax, subsidy). | $12 |
| New Quantity | The new quantity after a change. | 80 units |
| Deadweight Loss | The loss of economic efficiency (0.5 * (New Price – Equilibrium Price) * (Equilibrium Quantity – New Quantity)). | $20 |