Degree of concern for equity of the social planner

Reference no: EM131209468

Sketch the indifference curves of the Bergson-Samuelson social welfare function W = U¹ + U². What do these indifference curves imply about the degree of concern for equity of the social planner? Repeat for the welfare function W = min {U¹; U²}.

Reference no: EM131209468

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