Please use this identifier to cite or link to this item: https://ptsldigital.ukm.my/jspui/handle/123456789/577478
Title: Social business: a graphical approach to analysing the aimplications for social welfare
Authors: Majumder Md. Alauddin
Keywords: Consumer surplus
Firm
Market
Producer surplus
Social business
Social welfare
Issue Date: Jun-2015
Description: This paper attempts to analyze the idea of social business - a brainchild of Dr. Muhammad Yunus and a very recent addition to the economic thoughts. It tries to show the welfare implications of social business with the help of graphical illustrations. It also provides an overview of the idea. Drawing upon the simple frameworks of monopoly and competitive markets, the graphical analyses show that conversion of traditional business companies into social business companies results in increased social welfare.
News Source: Pertanika Journal of Social Sciences & Humanities
ISSN: 0128-7702
Volume: 23
Pages: 267-275
Publisher: Universiti Putra Malaysia Press
URI: https://ptsldigital.ukm.my/jspui/handle/123456789/577478
Appears in Collections:Journal Content Pages/ Kandungan Halaman Jurnal

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