« previous next »

Author Question: The farther the Lorenz curve for income is from the line of equality, the more ________ is ... (Read 113 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
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

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

aabwk4

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Jun 29, 2018
Thank you


jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Survivorship curve for the North American beaver. Survivorship curve for the North American beaver.
Why are some of the letters above the red line and some letters below? Why are some of the letters above the red line and some letters below?
Time Line of Human History From Upper Paleolithic Period to the Present Time Line of Human History From Upper Paleolithic Period to the Present
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Fertilization and Development

For a complete list of videos, visit our video library