Deadweight loss is a situation where costs outweigh benefits. All of the following
scenarios indicate deadweight loss except
When going to a movie, you could not find a parking spot. Hence, you parked at
an unauthorized area, only to find out that your vehicle was towed after the
movie. As a result, you had to call an Uber to pick up your car and paid a $300
fine.
You enjoyed the first cup of coffee so much that you went ahead and had a
second cup. After the second cup, you felt great.
Professor Franz kept lecturing while students were too tired to absorb anymore
knowledge.
You went to an all-you-can-eat soup and salad bar. After the 21st plate of salad,
the 11th bowl of soup, and the 9th baked potato, you got a terrible cramp at the
tummy.