Week 2 Discussion 1 - Social Cost-Benefit



Week 2 Discussion 1 - Social Cost-Benefit

This discussion will assess the concept of consumers' surplus and discuss the implications of this to your community. In addition, it will also include an evaluation of the concept of consumers' surplus as a sound welfare measure if the income distribution is deemed inequitable. Another part of this discussion will focus on jobs created to meet the requirements of a social project and elaborate on how they are not beneficial to society as a whole. Recommendations with regard to these areas will also be integrated in the process ...