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Author Question: The farther the Lorenz curve for income is from the line of equality, the more ________ is ... (Read 110 times)

aabwk4

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on: Jun 29, 2018
The farther the Lorenz curve for income is from the line of equality, the more ________ is distributed.
 
  A) equally wealth
  B) unequally income
  C) unequally wealth
  D) equally income

Question 2

Winnie's Car Wash is a perfectly competitive firm. The table above shows Winnie's total product schedule. What is the marginal product of labor when the 5th worker is hired?
 
  A) 72.5 car washes
  B) 75 car washes
  C) 5 car washes
  D) 3 car washes


jlaineee

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

B

Answer to Question 2

C


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aabwk4

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Reply #2 on: Jun 29, 2018
Thank you


jlaineee

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Reply #3 on: Jun 29, 2018
No problemo


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