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 lo

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 June not have mastered the concept