In what way does the law of diminishing marginal utility, Microeconomics

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In what way does the law of diminishing marginal utility

Problem

Adam Smith stated that taxes should involve taxpayers in equality of sacrifice. Progressive taxes are related to the ability to pay, so that people on higher incomes pay a higher percentage rate of tax on each additional pound earned than do those on lower incomes. In what way does the law of diminishing marginal utility provide a justification for the use of progressive taxes?

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Microeconomics: In what way does the law of diminishing marginal utility

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