Become a CRNA. Page Content. The miracle of anesthesia made pain-free surgery a reality. Nurse anesthetists, the first healthcare providers dedicated to the specialty of anesthesia, have their roots in the 1800s, when nurses first gave anesthesia to wounded soldiers on the battlefields of the Civil War.
In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable.n a perfectly competitive market, producers would have to charge a price of 10 cents and every customer whose marginal benefit exceeds 10 cents would have a nail. However, if there is one producer who has a monopoly on the product, then they will charge whatever price will yield the greatest profit.
Before this whole area was a total surplus. Below this green line was the producer surplus, above the green line and below this curve right here was the consumer surplus. Now we've lost part of it. We've lost this part right over here, so this is our dead weight loss. This is no longer part of the total consumer and producer surplus. That is dead weight loss. The taxation got us from an efficient situation, where we had that maximum consumer and producer surplus. This is our dead weight loss over here.