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Business, 31.07.2020 20:01 cooboy

Suppose Rita obtains 10 units of utility from the last dollar of income she receives and Nigel obtains 6 units of utility from his last dollar of income. Assume both Nigel and Rita have the same capacity to derive utility from income with identical marginal-utility-of-income-curves. Those who favor an equal distribution of income would:

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Suppose Rita obtains 10 units of utility from the last dollar of income she receives and Nigel obtai...
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