How is the principle of diminishing marginal utility used to justify income redistribution

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 19, 2023 04:11 AM

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How is the principle of diminishing marginal utility used to justify income redistribution

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The idea that the marginal utility of income falls with income ...View the full answer

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