-The Above Table Shows the Distribution of Income and Wealth

question 13

Multiple Choice

-The above table shows the distribution of income and wealth in Miseria. What percent of income is earned by the richest 40 percent of the population?

• A) 20 percent
• B) 30 percent
• C) 55 percent
• D) 70 percent

---

Definitions:

Behavioral

Pertaining to the actions or reactions of a person or animal in response to external or internal stimuli.

Market-product Grid

A matrix that helps companies analyze their product lines and markets to identify opportunities for expansion, diversification, or concentration.

Harvesting Strategy

A business plan for obtaining the maximum possible benefit from a product, division, or market before it declines.

80-20 Rule

A principle that asserts that 80% of effects come from 20% of causes, often used in business to highlight the importance of focusing on key contributors to revenue or problems.