The concept of 'Social Welfare Function' was propounded by A. Bergson in his article 'A Reformulation of Certain Aspects of Welfare Economics' published in the year 1938
A) 1932
B) 1935
C) 1938
D) 1942
Correct Answer:
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Q11: Welfare is improved when 'the greatest good
Q12: A situation in which it is impossible
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Q15: A famous welfare economics book called, "Economics
Q16: Who defines economic welfare as "that part
Q17: Kaldor-Hicks compensation principle can be explained with
Q18: Welfare Economics is generally accepted as
A)Positive science
B)Normative
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