- Only assumption I is implicit
- Only assumption II is implicit
- Either I or II is implicit
- Neither I nor II is implicit
- Both I and II are implicit
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Answer: Option 1
The total utility can be maximised by equality of income throughout the community, i.e., by giving extra income from the rich to the poor. So, I is implicit. Also, II pertains to economic right and is not concerned with equality of income throughout the community. So, it is not implicit.
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