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.
Fort Wayne Children's Zoo in Fort Wayne, Indiana. The Fort Wayne Children's Zoo is located in Fort Wayne, Indiana. The zoo opened its doors in 1965, is located in Fort Wayne's Franke Park, and currently home to more than 1,500 animals. The Fort Wayne Children's Zoo has continuously ranked among the top zoos in the United States, and more recently ranked in the top 8 zoos in the country by Family Fun Magazine, in 2000. The zoo can trace its roots back to 1952, when 54-acres were added to Franke Park, to establish a nature preserve.
Take a look around, and find out why there is always more to Zoo! Admission Hours of Admission: March 1 - October 16 (summer hours) 9 a.m. to 5 p.m. October 17 - February 28 (winter hours) 9 a.m. to 4 p.m. Grounds close one hour after last admission. *The Zoo is closed during the day on Thanksgiving, Christmas Eve and Christmas Day.