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Rade An Rade An
wrote...
Posts: 14
Rep: 0 0
2 years ago
You have a very tiny, three-person society with the following incomes:

1. 15,000
2. 30,000
3. 105,000

Construct a Lorenz curve that shows income distribution in this society.
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3 Replies

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Replies
wrote...
Educator
2 years ago
Step 1



Step 2

LORENZ CURVE


Rade A. Author
wrote...
2 years ago
Hey bio man can u tell me in what software u made the graph.
Post Merge: 2 years ago
wrote...
Educator
2 years ago
Excel, then exported the graph into a photo editor software to draw a curved line in red.
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