Question

In: Economics

If a $10 bill was found lying on the sidewalk, ________. A- there is no way...

If a $10 bill was found lying on the sidewalk, ________.

  • A- there is no way to determine whether a rich person or a poor person who found the money would get more utility from what she could buy with it

  • B- if a poor person found it, she would get more utility from what she could buy with it than a rich person

  • C- if a rich person found it, she would get more utility from what she could buy with it than a poor person

Solutions

Expert Solution

Answer: Option- A is correct.

Explanation:

Rahul Sunny answered 2 years ago
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