Economists usually assume that consumers wish to maximise their total consumer surplus. They also often assume that

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Economists usually assume that consumers wish to maximise their total consumer surplus. They also often assume that society’s aims are to maximise the surplus of total social benefits over total social costs. Does this mean that economists are utilitarians?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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