In a Lorenz Curve Diagram,the Size of the Area Between

question 34

Multiple Choice

In a Lorenz curve diagram,the size of the area between the Lorenz curve and the diagonal line represents

• A)the degree of inequality in the distribution of income.
• B)the percentage of income received by the bottom 20% of families.
• C)the dollar incomes of the bottom 40% of families.
• D)the percentage of income received by the top 5% of families.
• E)complete income equality.

---

Definitions:

Beer Distributorship

A business that has the authorization to distribute beer from manufacturers to retailers, acting as an intermediary in the supply chain.

Ethical Decision

A decision-making process that involves evaluating and choosing among alternatives in a manner consistent with ethical principles.

Promoting Alcoholic Beverages

Marketing activities aimed at increasing awareness and sales of alcoholic drink products.

Marketing Research Firm

A company specialized in gathering and analyzing data about markets, customers, and competitors, to inform business decision-making.