Use the Following to Answer Question(s): Income Distribution

question 9

Multiple Choice

Use the following to answer question(s) : Income Distribution

-(Exhibit: Income Distribution) Curve B:

• A) is called a Lorenz curve.
• B) shows that the lowest 20% of the families gets 60% of the income.
• C) shows that 60 percent of the families get 40 percent of the income.
• D) shows an equal distribution of income.

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Definitions:

Production

The process of creating, manufacturing, or producing goods and services.

Internal Customers

Individuals or departments within an organization that receive products or services from other parts of the company.

Employees of a Department

Individuals who work within a specific division or section of an organization, focusing on particular tasks or responsibilities.

Elton Mayo

A pioneering researcher in industrial and organizational psychology, known for conducting the Hawthorne Studies which highlighted the importance of social relations in the workplace.