Use the Accompanying Table, Which Represents the Distribution of Income

question 114

Multiple Choice

Use the accompanying table, which represents the distribution of income in the countries of Mateer and Coppock, to answer questions. $\begin{array} { l }\text { Mateer }&\text { Coppock }\\20 \text { residents total }&20 \text { resilents total }\\10 \text { residents earn } \$ 100,000 \text { each }&10 \text { resilents eamn } \$ 75,000 \text { each }\\10 \text { residents earn } \$ 10,000 \text { each }&10 \text { resilents eamn } \$ 25,000 \text { each }\\\end{array}$

-What is the degree of income inequality in Coppock?

• A) 0.3
• B) 3
• C) 30
• D) 300
• E) 25,000

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Definitions:

Machine-Hours

A measure of production time that quantifies the number of hours machines are operated in the manufacturing process.

Forming

In the context of manufacturing, forming refers to the process of shaping materials into desired shapes through various methods, such as molding, casting, or stamping.

Customizing

The process of making or altering something according to the user's specific needs or preferences.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, including but not limited to utilities, maintenance, and salaries of non-direct labor.