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Risk utility

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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. Defend your answer with economic principles and the reasons why.

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This solution helps with a risk utility problem.

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Not always true.

If they are characterised by risk averse (meaning that marginal benefit of an additional dollar decrease as he has more dollars), then this would be ...

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