Discuss-rich person loses less utility than poor person gain
Question: If you take away $1 from a rich person and give it to a poor person, the rich person loses less utility than the poor person gains. Agree or disagree. Defend your answer with economic principles and the reasons why.
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If you take away $1 from a rich person and give it to a poor person, the rich person loses less utility than the poor person gains. Agree or disagree.
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