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social benefits are social and private benefits are private.
sumerians
Three important cases: Total productive surplus is maximised at consumer equilibrium. Total profit is maximised when marginal cost = marginal benefit. Social welfare is maximised where marginal social cost = marginal social benefit.
Well more people had food more they went up on the social hierarchy which lead to division of labour.
Germany is an economic power house. It was a founding member of the Economic Union and has the highest trade surplus in the world. It follows the social market economy that allows trade unionism and social insurance.
No, since profit need not be zero sum; exchange allows creation of social welfare through comparative advantage. However, the redirection of consumer surplus to producer surplus through increasing profit, assuming social surplus remains constant, would require consumers to loss surplus at the expense of producers.
No it will not reduce the amount of benefits that you are qualified to receive.
No, the two are independent of each other. You can receive your full benefit for both programs simultaneously.
Not if you are already receiving Social Security. If you are still in your earning years, your ultimate benefits my reduce as they take the average of your last 40 quarters of earned income (which does not include unemployment benefits) to determine the benefits you receive.
No, Social Security benefits will not reduce unemployment compensation. They are 2 different programs and do not affect each other.
social divisions
social benefits are social and private benefits are private.
Social divisions
social divison
Superfluous :)
The net social benefit is the sum of producer and consumer surplus.
Surplus means an excess or more than needed.