Use the Accompanying Table,which Represents the Distribution of Income in the Countries

question 100

Multiple Choice

Use the accompanying table,which represents the distribution of income in the countries of Sweet and Sour,to answer the questions that follow.

-Calculate the inequality ratio from the following information:

• A)5
• B)86
• C)9
• D)21
• E)43

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Definitions:

Figure 16-11

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Profit

The financial gain realized when the revenue from business activities exceeds expenses, costs, and taxes.

Revenue

The sum of earnings from selling goods or providing services which are fundamental to a company's core business activities.

Profit-Maximizes

The procedure an enterprise employs to find the optimal price and output level for maximum profit.