Person Caroline Maddie Megan Klaire Mariah Kiara McKenzie Ma

Person Caroline Maddie Megan Klaire Mariah Kiara McKenzie Maggie Rachel Income 150,000 120,000 30,000 90,000 75,000 85,000 65,000 62,000 60,000 130,000

Solution

Sum of lowest 20%=60000+30000

Total of incomes=867000

So (60000+30000)/867000 (100)=10.38%

So A is wrong and can\'t be on Lorenz curve

 Person Caroline Maddie Megan Klaire Mariah Kiara McKenzie Maggie Rachel Income 150,000 120,000 30,000 90,000 75,000 85,000 65,000 62,000 60,000 130,000 Solutio

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