Economy, asked by mahmudulbubt, 2 months ago

“If we take $1 away from a rich person and give it to a poor person, the rich person loses less utility than the poor person gains.” Comment.

Answers

Answered by ygarg12345678
0

Answer:

true

Explanation:

this happens due to the marginal utility of money

the rich have negligible or very less value for the same $ which will be of significant value to a poor

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