question archive Suppose we have a utilitarian social welfare function, all individuals have the same utility function, and marginal utility of income is declining
Suppose we have a utilitarian social welfare function, all individuals have the same utility function, and marginal utility of income is declining
Subject:FinancePrice: Bought3
Suppose we have a utilitarian social welfare function, all individuals have the same utility function, and marginal utility of income is declining. Please explain why the incidence of the corporate income tax matters in determining the effects of this tax on social welfare.
