Discuss the effect of the area bounded by y x and the, Business Management

Discuss the effect of the area bounded by y x and the

Income distribution. Graph y = x and the Lorenz curve of Problem over the interval [0, 1]. Discuss the effect of the area bounded by y = x and the Lorenz curve getting smaller relative to the equitable distribution of income.

Problem:-
Income distribution. Find the Gini index of income concentration for the Lorenz curve with equation

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Business Management: Discuss the effect of the area bounded by y x and the

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