What is meant by maximum social advantage?
Answers
Answered by
0
Answer:
The Principle of Maximum Social Advantage states that public finance leads to economic welfare when public expenditure & taxation are carried out up to that point where the benefits derived from the MU (Marginal Utility) of expenditure is equal to the Marginal Disutility or the sacrifice imposed by taxation.
Answered by
0
Answer:
this is the answer of your question
Explanation:
please follow
me and mark me as brainlist
Attachments:
Similar questions