Anika, Pari, Amy, and Anna are college roommates living off campus. All four of them have a utility function given by U = Y^0.5, where Y is income per day. Suppose that Anika earns $8 per day, Pari earns $81, Amy earns $49, and Anna earns $16. What happens to the value of the Rawlsian social welfare function if $17 is taken from Pari and given to Anika?

Question

Quizplus · Accepted Answer

The Answer of Anika, Pari, Amy, and Anna are college roommates living off campus. All four of them have a utility function given by U = Y^0.5, where Y is income per day. Suppose that Anika earns $8 per day, Pari earns $81, Amy earns $49, and Anna earns $16. What happens to the value of the Rawlsian social welfare function if $17 is taken from Pari and given to Anika?

Anika, Pari, Amy, and Anna Are College Roommates Living Off