Suppose That Income Is Subject to Increasing Marginal Utility

question 15

Multiple Choice

Suppose that income is subject to increasing marginal utility.From a utilitarian perspective,

• A) some income redistribution from rich to poor would increase social welfare.
• B) some income redistribution from poor to rich would increase social welfare.
• C) any income redistribution would probably reduce social welfare.
• D) any income redistribution would probably increase social welfare.

---

Definitions:

Difference Notice

Involves the ability to discern or recognize changes or distinctions between objects, situations, or stimuli.

Weights

Objects of known mass used for various purposes including balancing scales, physical exercises, and as measurements in scientific experiments.

Prediction

The act of forecasting future events or behaviors based on current or past information.

Light Waves

Electromagnetic waves that are visible to the human eye, responsible for the sensation of sight.