Compare average household income
How you compare the average household income of the different countries?
Expert
For the best answer of this question it is best to look at median household income . Median household income signifies the statistical mid-point, with half of all households making more and half making less.
For the developed nations, median household income figures range from $30,000 to $55,000. For US states median household income figures range from $32,000 to $57,000. Overall, median household income levels among developed nations are similar to those found among US states.
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The only firm in this figure which has market power as a price maker is: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D. Discover Q & A Leading Solution Library Avail More Than 1447882 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1957891 Asked 3,689 Active Tutors 1447882 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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