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Explain the concept of Social Welfare function. Does perfect competition ensure , maximum social welfare? Analyse critically. (200 words) (18 Marks)
By: Jyoti Das ProfileResourcesReport error
Sanket
Give an outline of Kaldor theory of growth. Show that in longrun , share of profits and the rate of profits are determined uniquely.
Show that conditions that ensure efficient distribution of a given combinations of products between 2 consumers. Would the same conditions ensure maximum equity?
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