According to the Law of Diminishing Utility,_____

Multiple Choice

According to the law of diminishing utility,_____.

A) the same tax rate should be applied to every dollar
B) the rich people should have a lower tax rate
C) the rich people should have a higher tax rate
D) the total burden on the society from a tax will be less if proportional taxation is used
E) the poorer people should have a lower tax rate