Ralph Has Always Enjoyed Fireworks and Has Set Up a Booth

question 80

Essay

Ralph has always enjoyed fireworks and has set up a booth between June 4th through July 4th.Additional inventory is scheduled to be sent throughout the month.Ralph is now wondering if he has ordered too much.List three reasons that could have motivated Ralph in his inventory buying.

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Definitions:

Highest Quintile

The top 20 percent of the population or distribution in a given set of data, often used in reference to income or wealth distribution.

Total Income

The sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings received in a given period of time.

Household Income

The combined gross income of all members of a household.

Gini Ratio

A statistical measure used to represent the income or wealth distribution of a nation's residents, indicating economic inequality.