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Efficiency loss occurs when the sum of ___and ___ is less than the maximum.

User Ashleych
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Final answer:

Efficiency loss occurs when the sum of U and W is less than the maximum.

Step-by-step explanation:

The question you asked relates to efficiency loss in the field of Economics. Efficiency loss occurs when the sum of U and W is less than the maximum. In economics, deadweight loss refers to the loss in social surplus that occurs when an economy produces at an inefficient quantity. This inefficiency results in a reduced total surplus of society, which is like money thrown away that benefits no one.

User Naspinski
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