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?

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.
Start reviewing and responding to at least two of your classmates’ postings as early in the week as possible. Participate in the discussion by asking a question, providing a statement of clarification, providing a point of view with a rationale, challenging an aspect of the discussion, or indicating a relationship between one or more lines of reasoning in the discussion.