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Author Question: Assets minus liabilities equals A) implicit costs. B) accounting profit. C) economic profit. D) ... (Read 80 times)

anjilletteb

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on: Jun 29, 2018
Assets minus liabilities equals
 
  A) implicit costs. B) accounting profit. C) economic profit. D) net worth.

Question 2

What would the Lorenz curve look like if the income distribution were equal?
 
  What will be an ideal response?


kjo;oj

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

If incomes were equal the Lorenz curve would look like a 45-degree line.


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