Statement: Equality of income throughout a community is the essential condition for maximising the total utility which the total income available could confer on the members of that community. Assumptions: If extra income were taken from the rich and given to the poor, the total utility experienced by the community would increase. Equal pay for equal work.

• 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