File:Welfare max small.png

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Welfare_max_small.png(385 × 334 pixels, file size: 7 KB, MIME type: image/png)

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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

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  • 2004-02-11 03:09 Mydogategodshat 385×334× (7138 bytes) social welfare maximization

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11 February 2004

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Date/TimeThumbnailDimensionsUserComment
current18:29, 2 April 2009Thumbnail for version as of 18:29, 2 April 2009385 × 334 (7 KB)wikimediacommons>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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