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Summary

Description
English: Social welfare maximization: Although all the points on the grand social utility frontier MN are Pareto efficient, only one point identifies where social welfare is maximized. This is point Z where the social utility frontier is tangent to the highest possible social indifference curve labelled SI.
Date 11 February 2004 (original upload date)
Source Transferred from en.wikipedia to Commons by Sfan00_IMG using CommonsHelper.
Author The original uploader was Mydogategodshat at English Wikipedia.
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Licensing

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Original upload log

The original description page was here. All following user names refer to en.wikipedia.
  • 2004-02-11 03:09 Mydogategodshat 385×334× (7138 bytes) social welfare maximization

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11 February 2004

data size

7,138 byte

height

334 pixel

width

385 pixel

media type

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checksum

8618342788d3ed0bf3a1a22d687945913b1682bb

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File history

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Date/TimeThumbnailDimensionsUserComment
current16:29, 2 April 2009Thumbnail for version as of 16:29, 2 April 2009385 × 334 (7 KB)File Upload Bot (Magnus Manske) {{BotMoveToCommons|en.wikipedia|year={{subst:CURRENTYEAR}}|month={{subst:CURRENTMONTHNAME}}|day={{subst:CURRENTDAY}}}} {{Information |Description={{en|social welfare maximization}} |Source=Transferred from [http://en.wikipedia.org en.wikipedia]; transfer
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