Why does redistribution,so that the distribution of income is equal,bring about less total output?
A) Incentives to work are reduced.
B) No one can determine marginal benefit or marginal cost as a result.
C) Those in political power will likely receive a larger income.
D) Because the marginal benefit and marginal cost of work have been equally increased.
E) The premise of the question is incorrect because an equal distribution of income would increase rather than decrease the total amount produced.

Question

Quizplus · Accepted Answer

When there is no incentive to work harder or work more, people may choose to work less, leading to a reduction in total output. If everyone is guaranteed the same income, regardless of their effort or productivity, there is no motivation to work harder or innovate.

Why Does Redistribution,so That the Distribution of Income Is Equal,bring