--%>
Assignment Help - homework help

Precise Equality of Income Distribution

Precise equality of income distribution is demonstrated by: (1) line 0A0'. (2) line 0B0'. (3) line 0C0'. (4) line 0D0'. (5) line 0E0'.

814_Problem on Lorenz Curve.png

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Determine income elasticity of demand

    An income elasticity of demand for a good equivalent to two implies roughly that: (1) demand curves for the good slope upward. (2) the product is an inferior good. (3) each 1% gain in income boosts the amount sold through 2%. (4) a 20% gain in income

    		•
  • Q : Range of market demand in market

    When economies of scale in producing a product persist across the complete range of market demand as: (w) pure competition is the most efficient market structure. (x) competition will prevent monopolization of the industry. (y) compet

    		•
  • Q : Economic good becomes an economic bad

    Economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Marginal returns are reducing. (2) Sellers experience an honest hazard. (3) Marginal utility is negative. (4) Buyers suffer from unfavorable choice. (5) Exc

    		•
  • Q : Demand curve of an oligopolist The

    The demand curve an oligopolist faces is kinked at the current price when other firms into the industry: (1) face unitary elasticity of demand at their current output levels.(2) will match any price cuts although not price hikes. (3)

    		•
  • Q : Affect of total utility to marginal

    Whenever total utility is at a maximum, then marginal utility is: (1) Rising. (2) Reducing. (3) Zero. (4) Similar as total utility. Can someone help me in getting through this problem.

    		•
  • Q : Problem on effect of a price decrease

    1. Is it possible for any country to have made gains in access (at the expense of quality) of their rural healthcare system, without any gains in efficiency?  Explain using a PPF diagram.2. If the own price elasticity for a good is -2.5, what is the l

    		•
  • Q : Effects of increasing the price raise

    Increasing the price as in demonstrated figure for DVD games will raise total revenue at the entire prices: (w) on this demand curve. (x) above $30. (y) below $30. (z) below $25. Hey friends please give your opinio

    		•
  • Q : Price ceilings causes shortages of a

    When price ceilings cause shortages of a good in that case the good tends to be: (1) replaced by substitutes by many consumers. (2) allocated by several non price mechanism. (3) more valuable to consumers than the money prices charged

    		•
  • Q : Income elasticity of demand when

    When diamond sales jump from 3 to 13 million carats yearly while a strong recovery increases national income from $12.0 trillion to $13.2 trillion, in that case the income elasticity of demand for diamonds is: (1) 0.76. (2) 1.52. (3)

    		•
  • Q : Technology used in price and supply Can

    Can someone help me in finding out the precise answer from the given options. The citizens in lower 48 states utilize lots of wild Alaskan salmon till a major oil spill close to Anchorage spoils the fishing. The ____ of salmon will increase whereas the ____ reduces. (

    		•