Web2 dagen geleden · We can say that government does expenditures for the benefit of society and when government imposes taxes then it will be the sacrifice of society. The … Web14 jan. 2024 · Find an answer to your question Maximum social advantage is achieved when. aradhya9496 aradhya9496 15.01.2024 Economy Secondary School answered Maximum social ... Advertisement rishikrbh2008 rishikrbh2008 Answer: at the point where the marginal social benefit of public expenditure and the marginal social sacrifice of …
Principle of Maximum Social Advantage assignment - Studocu
WebTherefore at this point, the maximum social advantage is achieved. If we moved forward to OQ levels of units, the marginal social sacrifice S 2 Q 2 is greater than marginal social benefit P 2 Q 2. Therefore, beyond the point P, any further increase in Web21 jul. 2014 · Condition of maximum social advantage:- • The condition of maximum social advantage are as follow:- • 1. The social benefit from the rupee spent (MSB) on public expenditure should be equal to the sacrifice from the last rupee collected (MSS) by way of tax. It implies that MSB=MSS. • 2. briggs and stratton 550ex service manual
When MSB MSS the marginal benefit will be
Web5 mei 2024 · The MSA is the fundamental principle on which public finance is based. 1.All taxes result in sacrifice and all public expenditures lead to benefits. 2. Public revenue consists of only taxes. No other source of income to the government is considered. 3. The government has only balanced budget. Web25 okt. 2024 · The TSB curve represents total social benefit received from public expenditure which slopes upward but decreases after some time , showing that as public expenditure increases total social benefit increases .The TSS curve represents total social sacrifice produced due to tax showing that as total social sacrifice increases with … Web• Thus the position of maximum social advantage is achieved when, • The government should strike a balance between the public expenditure and public revenue in such a way as could yield maximum satisfaction. • MSS=MSB • Marginal Social sacrifice:• When a tax is levied, people have to part with their money to pay the taxes. can you build a house with a va loan