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zer0latency zer0latency
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A year ago
The diagonal line on a Lorenz curve diagram represents

▸ the percentage of income received by the top 50% of families.

▸ the dollar incomes of the bottom 50% of families.

▸ where the Lorenz curve would be if there were complete income equality.

▸ the percentage of income received by the bottom 50% of families.

▸ the degree of inequality in the distribution of income.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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HCho0HCho0
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