As a Tool That Is Used to Measure Inequality in the Distribution

question 159

Multiple Choice

As a tool that is used to measure inequality in the distribution of income,the Lorenz curve graphs

• A) the cumulative percentage of money income against the cumulative percentage of households.
• B) the percentage of total money income received by each given percentage of households.
• C) the mean income, median income, and mode income against the percentage of households.
• D) the mean money income received by households over time.
• E) the cumulative percentage of money income against the mean and median money income.

---

Definitions:

Exclusive Dealing

An agreement between a supplier and a retailer or distributor in which the retailer agrees to only purchase from that supplier and not from its competitors.

Full-Line Forcing

A business practice where a supplier requires retailers to stock an entire range of products in order to carry any of the supplier's items.

Tying Arrangement

A business practice where the sale of one product (the tying product) is conditioned on the purchase of another product (the tied product).

Supplier

A supplier is a business or individual that provides goods or services to another company or entity, typically as part of a supply chain.