Economics · Welfare Economics
According to the Bergson-Samuelson social welfare function approach, social welfare is maximized when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1the social indifference curve is tangent to the utility possibility curve✓
- 2the social indifference curve intersects the utility possibility curve
- 3the social indifference curve is tangent to the production possibility curve
- 4the social indifference curve intersects the production possibility curve
Correct answer
the social indifference curve is tangent to the utility possibility curve
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