--%>
Assignment Help - homework help

please

In the quintile distribution of income, the term "quintile" represents: A 5 percent of the income receivers. B 10 percent of the income receivers. C 15 percent of the income receivers. D 20 percent of the income receivers.

   Related Questions in Microeconomics

  • Q : Price ceiling If the government puts a

    If the government puts a rent ceiling of $650 a month, what is the rent paid and how many rooms are rented? Explain why?

    		•
  • Q : Negative price cross elasticities of

    When two goods have negative price cross elasticities of demand, in that case the goods are: (1) inferior goods. (2) luxury goods. (3) complementary goods: (4) substitute goods. (5) normal goods. Hey friends please

    		•
  • Q : Characterized purely-competitive markets

    Purely-competitive markets are NOT characterized through: (i) substantial barriers to entry and exit. (ii) many small potential buyers. (iii) many small potential sellers. (iv) homogeneous products. (v) zero long-run economic profits.

    Q : Supply of good in competitive economy

    When the supply of a good shrinks in a competitive economy, there tends to be a raise in the: (1) Product price. (2) Incomes of producers. (3) Demand for resources. (4) Quantity supplied. Can someone please help me

    		•
  • Q : Economies of Scale problem Can someone

    Can someone please help me in finding out the accurate answer from the following question. When average production costs reduce as the total production of a firm rises, the firm is experiencing: (i) Economies of the scale. (ii) Economies of scope. (iii) Diseconomies o

    		•
  • Q : Exploitation of Labor-average revenue

    The Exploitation might not exist even when the wage a worker is paid is less than worker’s: (1) Average revenue product. (2) Marginal revenue product. (3) Marginal factor cost. (4) The value of marginal product. Can someone p

    		•
  • Q : Linear demand curves and elasticity

    When price falls along a negatively sloped, there straight-line demand curve, then slope: (w) is constant, and elasticity of demand falls. (x) and elasticity of demand both rise. (y) falls, and elasticity of demand rises. (z) rises, and elasticity of

    		•
  • Q : Minor economic inefficiencies The minor

    The minor economic inefficiencies which monopolistically competitive firms may cause are as: (w) because of their inability to ever price discriminate. (x) a price which consumers pay for a greater range of slightly differentiated goods. (y) reflected

    		•
  • Q : Equal Income Distribution The income

    The income distribution tends to become more equal most quickly as countries become more: (1) socialistic. (2) capitalistic. (3) economically developed. (4) centrally planned. (5) agricultural. Please choose the ri

    		•
  • Q : Middle relative income define by Census

    The Department of the Census defines middle relative income as experienced while a family: (w) has adequate income to buy the fundamental food clothing and shelter required for survival. (x) would like to enhance their personal welfar

    		•