Explanation Given : The national average income A = T N where N is the total number of households and T is the total income earned by the entire population of a country r has a value such that 0 ≤ r ≤ 1 . Calculation : Step 1: The number of households in the bottom rth part is r N Step 2: The total income among the households in the bottom rth part is F ( r ) T . Hence the average income in this part of the population is F ( r ) T r N = F ( r ) r ... To determine (b) The reason how the average income among households in the interval [ r , r + Δ r ] is equal to ( F ( r + Δ r ) − F ( r ) Δ r ) A where A is the national average income of a country. To determine (c) The derivation for the interpretation that says a household in the 100rth percentile has income F'(r)A when passing F ( r + Δ r ) − F ( r ) Δ r A to the limit Δ r → 0 To determine (d) The percentage of households that have above - average income from the Lorenz curves L 1 and L 2

3rd Edition

ISBN: 9781464114885

Author: Jon Rogawski, Colin Adams

Publisher: W. H. Freeman

See similar textbooks

Concept explainers

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…

Videos

Question

Chapter 3.4, Problem 49E

To determine

(a)

The reason how the average income among households in the bottom rth part is equal to $\frac{F (r)}{r} A$ where A is the national average income of a country.

To determine

(b)

The reason how the average income among households in the interval $[r, r + Δ r]$ is equal to $(\frac{F (r + Δ r) - F (r)}{Δ r}) A$ where A is the national average income of a country.

To determine

(c)

The derivation for the interpretation that says a household in the 100rth percentile has income F'(r)A when passing $\frac{F (r + Δ r) - F (r)}{Δ r} A$ to the limit $Δ r \to 0$

To determine

(d)

The percentage of households that have above - average income from the Lorenz curves L₁ and L₂

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Chapter 3.4, Problem 48E

Chapter 3.4, Problem 50E

Chapter 3 Solutions

Calculus: Early Transcendentals

Ch. 3.1 - Prob. 1PQ Ch. 3.1 - Prob. 2PQ Ch. 3.1 - Prob. 3PQ Ch. 3.1 - Prob. 4PQ Ch. 3.1 - Prob. 5PQ Ch. 3.1 - Prob. 1E Ch. 3.1 - Prob. 2E Ch. 3.1 - Prob. 3E Ch. 3.1 - Prob. 4E Ch. 3.1 - Prob. 5E

Ch. 3.1 - Prob. 6E Ch. 3.1 - Prob. 7E Ch. 3.1 - Prob. 8E Ch. 3.1 - Prob. 9E Ch. 3.1 - Prob. 10E Ch. 3.1 - Prob. 11E Ch. 3.1 - Prob. 12E Ch. 3.1 - Prob. 13E Ch. 3.1 - Prob. 14E Ch. 3.1 - Prob. 15E Ch. 3.1 - Prob. 16E Ch. 3.1 - Prob. 17E Ch. 3.1 - Prob. 18E Ch. 3.1 - Prob. 19E Ch. 3.1 - Prob. 20E Ch. 3.1 - Prob. 21E Ch. 3.1 - Prob. 22E Ch. 3.1 - Prob. 23E Ch. 3.1 - Prob. 24E Ch. 3.1 - Prob. 25E Ch. 3.1 - Prob. 26E Ch. 3.1 - Prob. 27E Ch. 3.1 - Prob. 28E Ch. 3.1 - Prob. 29E Ch. 3.1 - Prob. 30E Ch. 3.1 - Prob. 31E Ch. 3.1 - Prob. 32E Ch. 3.1 - Prob. 33E Ch. 3.1 - Prob. 34E Ch. 3.1 - Prob. 35E Ch. 3.1 - Prob. 36E Ch. 3.1 - Prob. 37E Ch. 3.1 - Prob. 38E Ch. 3.1 - Prob. 39E Ch. 3.1 - Prob. 40E Ch. 3.1 - Prob. 41E Ch. 3.1 - Prob. 42E Ch. 3.1 - Prob. 43E Ch. 3.1 - Prob. 44E Ch. 3.1 - Prob. 45E Ch. 3.1 - Prob. 46E Ch. 3.1 - Prob. 47E Ch. 3.1 - Prob. 48E Ch. 3.1 - Prob. 49E Ch. 3.1 - Prob. 50E Ch. 3.1 - Prob. 51E Ch. 3.1 - Prob. 52E Ch. 3.1 - Prob. 53E Ch. 3.1 - Prob. 54E Ch. 3.1 - Prob. 55E Ch. 3.1 - Prob. 56E Ch. 3.1 - Prob. 57E Ch. 3.1 - Prob. 58E Ch. 3.1 - Prob. 59E Ch. 3.1 - Prob. 60E Ch. 3.1 - Prob. 61E Ch. 3.1 - Prob. 62E Ch. 3.1 - Prob. 63E Ch. 3.1 - Prob. 64E Ch. 3.1 - Prob. 65E Ch. 3.1 - Prob. 66E Ch. 3.1 - Prob. 67E Ch. 3.1 - Prob. 68E Ch. 3.1 - Prob. 69E Ch. 3.1 - Prob. 70E Ch. 3.1 - Prob. 71E Ch. 3.1 - Prob. 72E Ch. 3.1 - Prob. 73E Ch. 3.1 - Prob. 74E Ch. 3.1 - Prob. 75E Ch. 3.1 - Prob. 76E Ch. 3.1 - Prob. 77E Ch. 3.1 - Prob. 78E Ch. 3.2 - Prob. 1PQ Ch. 3.2 - Prob. 2PQ Ch. 3.2 - Prob. 3PQ Ch. 3.2 - Prob. 4PQ Ch. 3.2 - Prob. 5PQ Ch. 3.2 - Prob. 1E Ch. 3.2 - Prob. 2E Ch. 3.2 - Prob. 3E Ch. 3.2 - Prob. 4E Ch. 3.2 - Prob. 5E Ch. 3.2 - Prob. 6E Ch. 3.2 - Prob. 7E Ch. 3.2 - Prob. 8E Ch. 3.2 - Prob. 9E Ch. 3.2 - Prob. 10E Ch. 3.2 - Prob. 11E Ch. 3.2 - Prob. 12E Ch. 3.2 - Prob. 13E Ch. 3.2 - Prob. 14E Ch. 3.2 - Prob. 15E Ch. 3.2 - Prob. 16E Ch. 3.2 - Prob. 17E Ch. 3.2 - Prob. 18E Ch. 3.2 - Prob. 19E Ch. 3.2 - Prob. 20E Ch. 3.2 - Prob. 21E Ch. 3.2 - Prob. 22E Ch. 3.2 - Prob. 23E Ch. 3.2 - Prob. 24E Ch. 3.2 - Prob. 25E Ch. 3.2 - Prob. 26E Ch. 3.2 - Prob. 27E Ch. 3.2 - Prob. 28E Ch. 3.2 - Prob. 29E Ch. 3.2 - Prob. 30E Ch. 3.2 - Prob. 31E Ch. 3.2 - Prob. 32E Ch. 3.2 - Prob. 33E Ch. 3.2 - Prob. 34E Ch. 3.2 - Prob. 35E Ch. 3.2 - Prob. 36E Ch. 3.2 - Prob. 37E Ch. 3.2 - Prob. 38E Ch. 3.2 - Prob. 39E Ch. 3.2 - Prob. 40E Ch. 3.2 - Prob. 41E Ch. 3.2 - Prob. 42E Ch. 3.2 - Prob. 43E Ch. 3.2 - Prob. 44E Ch. 3.2 - Prob. 45E Ch. 3.2 - Prob. 46E Ch. 3.2 - Prob. 47E Ch. 3.2 - Prob. 48E Ch. 3.2 - Prob. 49E Ch. 3.2 - Prob. 50E Ch. 3.2 - Prob. 51E Ch. 3.2 - Prob. 52E Ch. 3.2 - Prob. 53E Ch. 3.2 - Prob. 54E Ch. 3.2 - Prob. 55E Ch. 3.2 - Prob. 56E Ch. 3.2 - Prob. 57E Ch. 3.2 - Prob. 58E Ch. 3.2 - Prob. 59E Ch. 3.2 - Prob. 60E Ch. 3.2 - Prob. 61E Ch. 3.2 - Prob. 62E Ch. 3.2 - Prob. 63E Ch. 3.2 - Prob. 64E Ch. 3.2 - Prob. 65E Ch. 3.2 - Prob. 66E Ch. 3.2 - Prob. 67E Ch. 3.2 - Prob. 68E Ch. 3.2 - Prob. 69E Ch. 3.2 - Prob. 70E Ch. 3.2 - Prob. 71E Ch. 3.2 - Prob. 72E Ch. 3.2 - Prob. 73E Ch. 3.2 - Prob. 74E Ch. 3.2 - Prob. 75E Ch. 3.2 - Prob. 76E Ch. 3.2 - Prob. 77E Ch. 3.2 - Prob. 78E Ch. 3.2 - Prob. 79E Ch. 3.2 - Prob. 80E Ch. 3.2 - Prob. 81E Ch. 3.2 - Prob. 82E Ch. 3.2 - Prob. 83E Ch. 3.2 - Prob. 84E Ch. 3.2 - Prob. 85E Ch. 3.2 - Prob. 86E Ch. 3.2 - Prob. 87E Ch. 3.2 - Prob. 88E Ch. 3.2 - Prob. 89E Ch. 3.2 - Prob. 90E Ch. 3.2 - Prob. 91E Ch. 3.2 - Prob. 92E Ch. 3.2 - Prob. 93E Ch. 3.2 - Prob. 94E Ch. 3.2 - Prob. 95E Ch. 3.2 - Prob. 96E Ch. 3.2 - Prob. 97E Ch. 3.2 - Prob. 98E Ch. 3.3 - Prob. 1PQ Ch. 3.3 - Prob. 2PQ Ch. 3.3 - Prob. 3PQ Ch. 3.3 - Prob. 1E Ch. 3.3 - Prob. 2E Ch. 3.3 - Prob. 3E Ch. 3.3 - Prob. 4E Ch. 3.3 - Prob. 5E Ch. 3.3 - Prob. 6E Ch. 3.3 - Prob. 7E Ch. 3.3 - Prob. 8E Ch. 3.3 - Prob. 9E Ch. 3.3 - Prob. 10E Ch. 3.3 - Prob. 11E Ch. 3.3 - Prob. 12E Ch. 3.3 - Prob. 13E Ch. 3.3 - Prob. 14E Ch. 3.3 - Prob. 15E Ch. 3.3 - Prob. 16E Ch. 3.3 - Prob. 17E Ch. 3.3 - Prob. 18E Ch. 3.3 - Prob. 19E Ch. 3.3 - Prob. 20E Ch. 3.3 - Prob. 21E Ch. 3.3 - Prob. 22E Ch. 3.3 - Prob. 23E Ch. 3.3 - Prob. 24E Ch. 3.3 - Prob. 25E Ch. 3.3 - Prob. 26E Ch. 3.3 - Prob. 27E Ch. 3.3 - Prob. 28E Ch. 3.3 - Prob. 29E Ch. 3.3 - Prob. 30E Ch. 3.3 - Prob. 31E Ch. 3.3 - Prob. 32E Ch. 3.3 - Prob. 33E Ch. 3.3 - Prob. 34E Ch. 3.3 - Prob. 35E Ch. 3.3 - Prob. 36E Ch. 3.3 - Prob. 37E Ch. 3.3 - Prob. 38E Ch. 3.3 - Prob. 39E Ch. 3.3 - Prob. 40E Ch. 3.3 - Prob. 41E Ch. 3.3 - Prob. 42E Ch. 3.3 - Prob. 43E Ch. 3.3 - Prob. 44E Ch. 3.3 - Prob. 45E Ch. 3.3 - Prob. 46E Ch. 3.3 - Prob. 47E Ch. 3.3 - Prob. 48E Ch. 3.3 - Prob. 49E Ch. 3.3 - Prob. 50E Ch. 3.3 - Prob. 51E Ch. 3.3 - Prob. 52E Ch. 3.3 - Prob. 53E Ch. 3.3 - Prob. 54E Ch. 3.3 - Prob. 55E Ch. 3.3 - Prob. 56E Ch. 3.3 - Prob. 57E Ch. 3.3 - Prob. 58E Ch. 3.3 - Prob. 59E Ch. 3.3 - Prob. 60E Ch. 3.3 - Prob. 61E Ch. 3.3 - Prob. 62E Ch. 3.3 - Prob. 63E Ch. 3.3 - Prob. 64E Ch. 3.3 - Prob. 65E Ch. 3.3 - Prob. 66E Ch. 3.3 - Prob. 67E Ch. 3.4 - Prob. 1PQ Ch. 3.4 - Prob. 2PQ Ch. 3.4 - Prob. 3PQ Ch. 3.4 - Prob. 4PQ Ch. 3.4 - Prob. 1E Ch. 3.4 - Prob. 2E Ch. 3.4 - Prob. 3E Ch. 3.4 - Prob. 4E Ch. 3.4 - Prob. 5E Ch. 3.4 - Prob. 6E Ch. 3.4 - Prob. 7E Ch. 3.4 - Prob. 8E Ch. 3.4 - Prob. 9E Ch. 3.4 - Prob. 10E Ch. 3.4 - Prob. 11E Ch. 3.4 - Prob. 12E Ch. 3.4 - Prob. 13E Ch. 3.4 - Prob. 14E Ch. 3.4 - Prob. 15E Ch. 3.4 - Prob. 16E Ch. 3.4 - Prob. 17E Ch. 3.4 - Prob. 18E Ch. 3.4 - Prob. 19E Ch. 3.4 - Prob. 20E Ch. 3.4 - Prob. 21E Ch. 3.4 - Prob. 22E Ch. 3.4 - Prob. 23E Ch. 3.4 - Prob. 24E Ch. 3.4 - Prob. 25E Ch. 3.4 - Prob. 26E Ch. 3.4 - Prob. 27E Ch. 3.4 - Prob. 28E Ch. 3.4 - Prob. 29E Ch. 3.4 - Prob. 30E Ch. 3.4 - Prob. 31E Ch. 3.4 - Prob. 32E Ch. 3.4 - Prob. 33E Ch. 3.4 - Prob. 34E Ch. 3.4 - Prob. 35E Ch. 3.4 - Prob. 36E Ch. 3.4 - Prob. 37E Ch. 3.4 - Prob. 38E Ch. 3.4 - Prob. 39E Ch. 3.4 - Prob. 40E Ch. 3.4 - Prob. 41E Ch. 3.4 - Prob. 42E Ch. 3.4 - Prob. 43E Ch. 3.4 - Prob. 44E Ch. 3.4 - Prob. 45E Ch. 3.4 - Prob. 46E Ch. 3.4 - Prob. 47E Ch. 3.4 - Prob. 48E Ch. 3.4 - Prob. 49E Ch. 3.4 - Prob. 50E Ch. 3.4 - Prob. 51E Ch. 3.4 - Prob. 52E Ch. 3.4 - Prob. 53E Ch. 3.4 - Prob. 54E Ch. 3.5 - Prob. 1PQ Ch. 3.5 - Prob. 2PQ Ch. 3.5 - Prob. 3PQ Ch. 3.5 - Prob. 4PQ Ch. 3.5 - Prob. 1E Ch. 3.5 - Prob. 2E Ch. 3.5 - Prob. 3E Ch. 3.5 - Prob. 4E Ch. 3.5 - Prob. 5E Ch. 3.5 - Prob. 6E Ch. 3.5 - Prob. 7E Ch. 3.5 - Prob. 8E Ch. 3.5 - Prob. 9E Ch. 3.5 - Prob. 10E Ch. 3.5 - Prob. 11E Ch. 3.5 - Prob. 12E Ch. 3.5 - Prob. 13E Ch. 3.5 - Prob. 14E Ch. 3.5 - Prob. 15E Ch. 3.5 - Prob. 16E Ch. 3.5 - Prob. 17E Ch. 3.5 - Prob. 18E Ch. 3.5 - Prob. 19E Ch. 3.5 - Prob. 20E Ch. 3.5 - Prob. 21E Ch. 3.5 - Prob. 22E Ch. 3.5 - Prob. 23E Ch. 3.5 - Prob. 24E Ch. 3.5 - Prob. 25E Ch. 3.5 - Prob. 26E Ch. 3.5 - Prob. 27E Ch. 3.5 - Prob. 28E Ch. 3.5 - Prob. 29E Ch. 3.5 - Prob. 30E Ch. 3.5 - Prob. 31E Ch. 3.5 - Prob. 32E Ch. 3.5 - Prob. 33E Ch. 3.5 - Prob. 34E Ch. 3.5 - Prob. 35E Ch. 3.5 - Prob. 36E Ch. 3.5 - Prob. 37E Ch. 3.5 - Prob. 38E Ch. 3.5 - Prob. 39E Ch. 3.5 - Prob. 40E Ch. 3.5 - Prob. 41E Ch. 3.5 - Prob. 42E Ch. 3.5 - Prob. 43E Ch. 3.5 - Prob. 44E Ch. 3.5 - Prob. 45E Ch. 3.5 - Prob. 46E Ch. 3.5 - Prob. 47E Ch. 3.5 - Prob. 48E Ch. 3.5 - Prob. 49E Ch. 3.5 - Prob. 50E Ch. 3.5 - Prob. 51E Ch. 3.5 - Prob. 52E Ch. 3.5 - Prob. 53E Ch. 3.5 - Prob. 54E Ch. 3.5 - Prob. 55E Ch. 3.5 - Prob. 56E Ch. 3.6 - Prob. 1PQ Ch. 3.6 - Prob. 2PQ Ch. 3.6 - Prob. 3PQ Ch. 3.6 - Prob. 4PQ Ch. 3.6 - Prob. 1E Ch. 3.6 - Prob. 2E Ch. 3.6 - Prob. 3E Ch. 3.6 - Prob. 4E Ch. 3.6 - Prob. 5E Ch. 3.6 - Prob. 6E Ch. 3.6 - Prob. 7E Ch. 3.6 - Prob. 8E Ch. 3.6 - Prob. 9E Ch. 3.6 - Prob. 10E Ch. 3.6 - Prob. 11E Ch. 3.6 - Prob. 12E Ch. 3.6 - Prob. 13E Ch. 3.6 - Prob. 14E Ch. 3.6 - Prob. 15E Ch. 3.6 - Prob. 16E Ch. 3.6 - Prob. 17E Ch. 3.6 - Prob. 18E Ch. 3.6 - Prob. 19E Ch. 3.6 - Prob. 20E Ch. 3.6 - Prob. 21E Ch. 3.6 - Prob. 22E Ch. 3.6 - Prob. 23E Ch. 3.6 - Prob. 24E Ch. 3.6 - Prob. 25E Ch. 3.6 - Prob. 26E Ch. 3.6 - Prob. 27E Ch. 3.6 - Prob. 28E Ch. 3.6 - Prob. 29E Ch. 3.6 - Prob. 30E Ch. 3.6 - Prob. 31E Ch. 3.6 - Prob. 32E Ch. 3.6 - Prob. 33E Ch. 3.6 - Prob. 34E Ch. 3.6 - Prob. 35E Ch. 3.6 - Prob. 36E Ch. 3.6 - Prob. 37E Ch. 3.6 - Prob. 38E Ch. 3.6 - Prob. 39E Ch. 3.6 - Prob. 40E Ch. 3.6 - Prob. 41E Ch. 3.6 - Prob. 42E Ch. 3.6 - Prob. 43E Ch. 3.6 - Prob. 44E Ch. 3.6 - Prob. 45E Ch. 3.6 - Prob. 46E Ch. 3.6 - Prob. 47E Ch. 3.6 - Prob. 48E Ch. 3.6 - Prob. 49E Ch. 3.6 - Prob. 50E Ch. 3.6 - Prob. 51E Ch. 3.6 - Prob. 52E Ch. 3.6 - Prob. 53E Ch. 3.6 - Prob. 54E Ch. 3.6 - Prob. 55E Ch. 3.6 - Prob. 56E Ch. 3.6 - Prob. 57E Ch. 3.6 - Prob. 58E Ch. 3.7 - Prob. 1PQ Ch. 3.7 - Prob. 2PQ Ch. 3.7 - Prob. 3PQ Ch. 3.7 - Prob. 4PQ Ch. 3.7 - Prob. 1E Ch. 3.7 - Prob. 2E Ch. 3.7 - Prob. 3E Ch. 3.7 - Prob. 4E Ch. 3.7 - Prob. 5E Ch. 3.7 - Prob. 6E Ch. 3.7 - Prob. 7E Ch. 3.7 - Prob. 8E Ch. 3.7 - Prob. 9E Ch. 3.7 - Prob. 10E Ch. 3.7 - Prob. 11E Ch. 3.7 - Prob. 12E Ch. 3.7 - Prob. 13E Ch. 3.7 - Prob. 14E Ch. 3.7 - Prob. 15E Ch. 3.7 - Prob. 16E Ch. 3.7 - Prob. 17E Ch. 3.7 - Prob. 18E Ch. 3.7 - Prob. 19E Ch. 3.7 - Prob. 20E Ch. 3.7 - Prob. 21E Ch. 3.7 - Prob. 22E Ch. 3.7 - Prob. 23E Ch. 3.7 - Prob. 24E Ch. 3.7 - Prob. 25E Ch. 3.7 - Prob. 26E Ch. 3.7 - Prob. 27E Ch. 3.7 - Prob. 28E Ch. 3.7 - Prob. 29E Ch. 3.7 - Prob. 30E Ch. 3.7 - Prob. 31E Ch. 3.7 - Prob. 32E Ch. 3.7 - Prob. 33E Ch. 3.7 - Prob. 34E Ch. 3.7 - Prob. 35E Ch. 3.7 - Prob. 36E Ch. 3.7 - Prob. 37E Ch. 3.7 - Prob. 38E Ch. 3.7 - Prob. 39E Ch. 3.7 - Prob. 40E Ch. 3.7 - Prob. 41E Ch. 3.7 - Prob. 42E Ch. 3.7 - Prob. 43E Ch. 3.7 - Prob. 44E Ch. 3.7 - Prob. 45E Ch. 3.7 - Prob. 46E Ch. 3.7 - Prob. 47E Ch. 3.7 - Prob. 48E Ch. 3.7 - Prob. 49E Ch. 3.7 - Prob. 50E Ch. 3.7 - Prob. 51E Ch. 3.7 - Prob. 52E Ch. 3.7 - Prob. 53E Ch. 3.7 - Prob. 54E Ch. 3.7 - Prob. 55E Ch. 3.7 - Prob. 56E Ch. 3.7 - Prob. 57E Ch. 3.7 - Prob. 58E Ch. 3.7 - Prob. 59E Ch. 3.7 - Prob. 60E Ch. 3.7 - Prob. 61E Ch. 3.7 - Prob. 62E Ch. 3.7 - Prob. 63E Ch. 3.7 - Prob. 64E Ch. 3.7 - Prob. 65E Ch. 3.7 - Prob. 66E Ch. 3.7 - Prob. 67E Ch. 3.7 - Prob. 68E Ch. 3.7 - Prob. 69E Ch. 3.7 - Prob. 70E Ch. 3.7 - Prob. 71E Ch. 3.7 - Prob. 72E Ch. 3.7 - Prob. 73E Ch. 3.7 - Prob. 74E Ch. 3.7 - Prob. 75E Ch. 3.7 - Prob. 76E Ch. 3.7 - Prob. 77E Ch. 3.7 - Prob. 78E Ch. 3.7 - Prob. 79E Ch. 3.7 - Prob. 80E Ch. 3.7 - Prob. 81E Ch. 3.7 - Prob. 82E Ch. 3.7 - Prob. 83E Ch. 3.7 - Prob. 84E Ch. 3.7 - Prob. 85E Ch. 3.7 - Prob. 86E Ch. 3.7 - Prob. 87E Ch. 3.7 - Prob. 88E Ch. 3.7 - Prob. 89E Ch. 3.7 - Prob. 90E Ch. 3.7 - Prob. 91E Ch. 3.7 - Prob. 92E Ch. 3.7 - Prob. 93E Ch. 3.7 - Prob. 94E Ch. 3.7 - Prob. 95E Ch. 3.7 - Prob. 96E Ch. 3.7 - Prob. 97E Ch. 3.7 - Prob. 98E Ch. 3.7 - Prob. 99E Ch. 3.7 - Prob. 100E Ch. 3.7 - Prob. 101E Ch. 3.7 - Prob. 102E Ch. 3.7 - Prob. 103E Ch. 3.7 - Prob. 104E Ch. 3.7 - Prob. 105E Ch. 3.8 - Prob. 1PQ Ch. 3.8 - Prob. 2PQ Ch. 3.8 - Prob. 3PQ Ch. 3.8 - Prob. 4PQ Ch. 3.8 - Prob. 5PQ Ch. 3.8 - Prob. 6PQ Ch. 3.8 - Prob. 1E Ch. 3.8 - Prob. 2E Ch. 3.8 - Prob. 3E Ch. 3.8 - Prob. 4E Ch. 3.8 - Prob. 5E Ch. 3.8 - Prob. 6E Ch. 3.8 - Prob. 7E Ch. 3.8 - Prob. 8E Ch. 3.8 - Prob. 9E Ch. 3.8 - Prob. 10E Ch. 3.8 - Prob. 11E Ch. 3.8 - Prob. 12E Ch. 3.8 - Prob. 13E Ch. 3.8 - Prob. 14E Ch. 3.8 - Prob. 15E Ch. 3.8 - Prob. 16E Ch. 3.8 - Prob. 17E Ch. 3.8 - Prob. 18E Ch. 3.8 - Prob. 19E Ch. 3.8 - Prob. 20E Ch. 3.8 - Prob. 21E Ch. 3.8 - Prob. 22E Ch. 3.8 - Prob. 23E Ch. 3.8 - Prob. 24E Ch. 3.8 - Prob. 25E Ch. 3.8 - Prob. 26E Ch. 3.8 - Prob. 27E Ch. 3.8 - Prob. 28E Ch. 3.8 - Prob. 29E Ch. 3.8 - Prob. 30E Ch. 3.8 - Prob. 31E Ch. 3.8 - Prob. 32E Ch. 3.8 - Prob. 33E Ch. 3.8 - Prob. 34E Ch. 3.8 - Prob. 35E Ch. 3.8 - Prob. 36E Ch. 3.8 - Prob. 37E Ch. 3.8 - Prob. 38E Ch. 3.8 - Prob. 39E Ch. 3.8 - Prob. 40E Ch. 3.8 - Prob. 41E Ch. 3.8 - Prob. 42E Ch. 3.8 - Prob. 43E Ch. 3.8 - Prob. 44E Ch. 3.8 - Prob. 45E Ch. 3.8 - Prob. 46E Ch. 3.8 - Prob. 47E Ch. 3.8 - Prob. 48E Ch. 3.8 - Prob. 49E Ch. 3.8 - Prob. 50E Ch. 3.8 - Prob. 51E Ch. 3.8 - Prob. 52E Ch. 3.8 - Prob. 53E Ch. 3.8 - Prob. 54E Ch. 3.8 - Prob. 55E Ch. 3.8 - Prob. 56E Ch. 3.8 - Prob. 57E Ch. 3.8 - Prob. 58E Ch. 3.8 - Prob. 59E Ch. 3.8 - Prob. 60E Ch. 3.8 - Prob. 61E Ch. 3.8 - Prob. 62E Ch. 3.8 - Prob. 63E Ch. 3.8 - Prob. 64E Ch. 3.8 - Prob. 65E Ch. 3.8 - Prob. 66E Ch. 3.8 - Prob. 67E Ch. 3.8 - Prob. 68E Ch. 3.8 - Prob. 69E Ch. 3.8 - Prob. 70E Ch. 3.8 - Prob. 71E Ch. 3.8 - Prob. 72E Ch. 3.8 - Prob. 73E Ch. 3.8 - Prob. 74E Ch. 3.8 - Prob. 75E Ch. 3.8 - Prob. 76E Ch. 3.8 - Prob. 77E Ch. 3.8 - Prob. 78E Ch. 3.8 - Prob. 79E Ch. 3.8 - Prob. 80E Ch. 3.8 - Prob. 81E Ch. 3.8 - Prob. 82E Ch. 3.8 - Prob. 83E Ch. 3.8 - Prob. 84E Ch. 3.8 - Prob. 85E Ch. 3.8 - Prob. 86E Ch. 3.8 - Prob. 87E Ch. 3.9 - Prob. 1PQ Ch. 3.9 - Prob. 2PQ Ch. 3.9 - Prob. 3PQ Ch. 3.9 - Prob. 4PQ Ch. 3.9 - Prob. 5PQ Ch. 3.9 - Prob. 1E Ch. 3.9 - Prob. 2E Ch. 3.9 - Prob. 3E Ch. 3.9 - Prob. 4E Ch. 3.9 - Prob. 5E Ch. 3.9 - Prob. 6E Ch. 3.9 - Prob. 7E Ch. 3.9 - Prob. 8E Ch. 3.9 - Prob. 9E Ch. 3.9 - Prob. 10E Ch. 3.9 - Prob. 11E Ch. 3.9 - Prob. 12E Ch. 3.9 - Prob. 13E Ch. 3.9 - Prob. 14E Ch. 3.9 - Prob. 15E Ch. 3.9 - Prob. 16E Ch. 3.9 - Prob. 17E Ch. 3.9 - Prob. 18E Ch. 3.9 - Prob. 19E Ch. 3.9 - Prob. 20E Ch. 3.9 - Prob. 21E Ch. 3.9 - Prob. 22E Ch. 3.9 - Prob. 23E Ch. 3.9 - Prob. 24E Ch. 3.9 - Prob. 25E Ch. 3.9 - Prob. 26E Ch. 3.9 - Prob. 27E Ch. 3.9 - Prob. 28E Ch. 3.9 - Prob. 29E Ch. 3.9 - Prob. 30E Ch. 3.9 - Prob. 31E Ch. 3.9 - Prob. 32E Ch. 3.9 - Prob. 33E Ch. 3.9 - Prob. 34E Ch. 3.9 - Prob. 35E Ch. 3.9 - Prob. 36E Ch. 3.9 - Prob. 37E Ch. 3.9 - Prob. 38E Ch. 3.9 - Prob. 39E Ch. 3.9 - Prob. 40E Ch. 3.9 - Prob. 41E Ch. 3.9 - Prob. 42E Ch. 3.9 - Prob. 43E Ch. 3.9 - Prob. 44E Ch. 3.9 - Prob. 45E Ch. 3.9 - Prob. 46E Ch. 3.9 - Prob. 47E Ch. 3.9 - Prob. 48E Ch. 3.9 - Prob. 49E Ch. 3.9 - Prob. 50E Ch. 3.9 - Prob. 51E Ch. 3.9 - Prob. 52E Ch. 3.9 - Prob. 53E Ch. 3.9 - Prob. 54E Ch. 3.9 - Prob. 55E Ch. 3.9 - Prob. 56E Ch. 3.9 - Prob. 57E Ch. 3.9 - Prob. 58E Ch. 3.9 - Prob. 59E Ch. 3.9 - Prob. 60E Ch. 3.9 - Prob. 61E Ch. 3.9 - Prob. 62E Ch. 3.9 - Prob. 63E Ch. 3.9 - Prob. 64E Ch. 3.9 - Prob. 65E Ch. 3.9 - Prob. 66E Ch. 3.9 - Prob. 67E Ch. 3.9 - Prob. 68E Ch. 3.9 - Prob. 69E Ch. 3.9 - Prob. 70E Ch. 3.9 - Prob. 71E Ch. 3.9 - Prob. 72E Ch. 3.9 - Prob. 73E Ch. 3.9 - Prob. 74E Ch. 3.9 - Prob. 75E Ch. 3.9 - Prob. 76E Ch. 3.9 - Prob. 77E Ch. 3.9 - Prob. 78E Ch. 3.9 - Prob. 79E Ch. 3.9 - Prob. 80E Ch. 3.9 - Prob. 81E Ch. 3.9 - Prob. 82E Ch. 3.9 - Prob. 83E Ch. 3.9 - Prob. 84E Ch. 3.9 - Prob. 85E Ch. 3.10 - Prob. 1PQ Ch. 3.10 - Prob. 2PQ Ch. 3.10 - Prob. 3PQ Ch. 3.10 - Prob. 4PQ Ch. 3.10 - Prob. 1E Ch. 3.10 - Prob. 2E Ch. 3.10 - Prob. 3E Ch. 3.10 - Prob. 4E Ch. 3.10 - Prob. 5E Ch. 3.10 - Prob. 6E Ch. 3.10 - Prob. 7E Ch. 3.10 - Prob. 8E Ch. 3.10 - Prob. 9E Ch. 3.10 - Prob. 10E Ch. 3.10 - Prob. 11E Ch. 3.10 - Prob. 12E Ch. 3.10 - Prob. 13E Ch. 3.10 - Prob. 14E Ch. 3.10 - Prob. 15E Ch. 3.10 - Prob. 16E Ch. 3.10 - Prob. 17E Ch. 3.10 - Prob. 18E Ch. 3.10 - Prob. 19E Ch. 3.10 - Prob. 20E Ch. 3.10 - Prob. 21E Ch. 3.10 - Prob. 22E Ch. 3.10 - Prob. 23E Ch. 3.10 - Prob. 24E Ch. 3.10 - Prob. 25E Ch. 3.10 - Prob. 26E Ch. 3.10 - Prob. 27E Ch. 3.10 - Prob. 28E Ch. 3.10 - Prob. 29E Ch. 3.10 - Prob. 30E Ch. 3.10 - Prob. 31E Ch. 3.10 - Prob. 32E Ch. 3.10 - Prob. 33E Ch. 3.10 - Prob. 34E Ch. 3.10 - Prob. 35E Ch. 3.10 - Prob. 36E Ch. 3.10 - Prob. 37E Ch. 3.10 - Prob. 38E Ch. 3.10 - Prob. 39E Ch. 3.10 - Prob. 40E Ch. 3.10 - Prob. 41E Ch. 3.10 - Prob. 42E Ch. 3.10 - Prob. 43E Ch. 3.10 - Prob. 44E Ch. 3.10 - Prob. 45E Ch. 3 - Prob. 1CRE Ch. 3 - Prob. 2CRE Ch. 3 - Prob. 3CRE Ch. 3 - Prob. 4CRE Ch. 3 - Prob. 5CRE Ch. 3 - Prob. 6CRE Ch. 3 - Prob. 7CRE Ch. 3 - Prob. 8CRE Ch. 3 - Prob. 9CRE Ch. 3 - Prob. 10CRE Ch. 3 - Prob. 11CRE Ch. 3 - Prob. 12CRE Ch. 3 - Prob. 13CRE Ch. 3 - Prob. 14CRE Ch. 3 - Prob. 15CRE Ch. 3 - Prob. 16CRE Ch. 3 - Prob. 17CRE Ch. 3 - Prob. 18CRE Ch. 3 - Prob. 19CRE Ch. 3 - Prob. 20CRE Ch. 3 - Prob. 21CRE Ch. 3 - Prob. 22CRE Ch. 3 - Prob. 23CRE Ch. 3 - Prob. 24CRE Ch. 3 - Prob. 25CRE Ch. 3 - Prob. 26CRE Ch. 3 - Prob. 27CRE Ch. 3 - Prob. 28CRE Ch. 3 - Prob. 29CRE Ch. 3 - Prob. 30CRE Ch. 3 - Prob. 31CRE Ch. 3 - Prob. 32CRE Ch. 3 - Prob. 33CRE Ch. 3 - Prob. 34CRE Ch. 3 - Prob. 35CRE Ch. 3 - Prob. 36CRE Ch. 3 - Prob. 37CRE Ch. 3 - Prob. 38CRE Ch. 3 - Prob. 39CRE Ch. 3 - Prob. 40CRE Ch. 3 - Prob. 41CRE Ch. 3 - Prob. 42CRE Ch. 3 - Prob. 43CRE Ch. 3 - Prob. 44CRE Ch. 3 - Prob. 45CRE Ch. 3 - Prob. 46CRE Ch. 3 - Prob. 47CRE Ch. 3 - Prob. 48CRE Ch. 3 - Prob. 49CRE Ch. 3 - Prob. 50CRE Ch. 3 - Prob. 51CRE Ch. 3 - Prob. 52CRE Ch. 3 - Prob. 53CRE Ch. 3 - Prob. 54CRE Ch. 3 - Prob. 55CRE Ch. 3 - Prob. 56CRE Ch. 3 - Prob. 57CRE Ch. 3 - Prob. 58CRE Ch. 3 - Prob. 59CRE Ch. 3 - Prob. 60CRE Ch. 3 - Prob. 61CRE Ch. 3 - Prob. 62CRE Ch. 3 - Prob. 63CRE Ch. 3 - Prob. 64CRE Ch. 3 - Prob. 65CRE Ch. 3 - Prob. 66CRE Ch. 3 - Prob. 67CRE Ch. 3 - Prob. 68CRE Ch. 3 - Prob. 69CRE Ch. 3 - Prob. 70CRE Ch. 3 - Prob. 71CRE Ch. 3 - Prob. 72CRE Ch. 3 - Prob. 73CRE Ch. 3 - Prob. 74CRE Ch. 3 - Prob. 75CRE Ch. 3 - Prob. 76CRE Ch. 3 - Prob. 77CRE Ch. 3 - Prob. 78CRE Ch. 3 - Prob. 79CRE Ch. 3 - Prob. 80CRE Ch. 3 - Prob. 81CRE Ch. 3 - Prob. 82CRE Ch. 3 - Prob. 83CRE Ch. 3 - Prob. 84CRE Ch. 3 - Prob. 85CRE Ch. 3 - Prob. 86CRE Ch. 3 - Prob. 87CRE Ch. 3 - Prob. 88CRE Ch. 3 - Prob. 89CRE Ch. 3 - Prob. 90CRE Ch. 3 - Prob. 91CRE Ch. 3 - Prob. 92CRE Ch. 3 - Prob. 93CRE Ch. 3 - Prob. 94CRE Ch. 3 - Prob. 95CRE Ch. 3 - Prob. 96CRE Ch. 3 - Prob. 97CRE Ch. 3 - Prob. 98CRE Ch. 3 - Prob. 99CRE Ch. 3 - Prob. 100CRE Ch. 3 - Prob. 101CRE Ch. 3 - Prob. 102CRE Ch. 3 - Prob. 103CRE Ch. 3 - Prob. 104CRE Ch. 3 - Prob. 105CRE Ch. 3 - Prob. 106CRE Ch. 3 - Prob. 107CRE Ch. 3 - Prob. 108CRE Ch. 3 - Prob. 109CRE Ch. 3 - Prob. 110CRE Ch. 3 - Prob. 111CRE Ch. 3 - Prob. 112CRE Ch. 3 - Prob. 113CRE Ch. 3 - Prob. 114CRE Ch. 3 - Prob. 115CRE Ch. 3 - Prob. 116CRE Ch. 3 - Prob. 117CRE Ch. 3 - Prob. 118CRE Ch. 3 - Prob. 119CRE Ch. 3 - Prob. 120CRE Ch. 3 - Prob. 121CRE Ch. 3 - Prob. 122CRE Ch. 3 - Prob. 123CRE

Knowledge Booster

$Calculus$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.

Recommended textbooks for you

Calculus: Early Transcendentals
Calculus
ISBN:9781285741550
Author:James Stewart
Publisher:Cengage Learning
Thomas' Calculus (14th Edition)
Calculus
ISBN:9780134438986
Author:Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:9780134763644
Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:PEARSON
Calculus: Early Transcendentals
Calculus
ISBN:9781319050740
Author:Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:W. H. Freeman
Precalculus
Calculus
ISBN:9780135189405
Author:Michael Sullivan
Publisher:PEARSON
Calculus: Early Transcendental Functions
Calculus
ISBN:9781337552516
Author:Ron Larson, Bruce H. Edwards
Publisher:Cengage Learning

Calculus: Early Transcendentals

Calculus

ISBN:9781285741550

Author:James Stewart

Publisher:Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:9780134438986

Author:Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:9780134763644

Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:9781319050740

Author:Jon Rogawski, Colin Adams, Robert Franzosa

Publisher:W. H. Freeman

Precalculus

Calculus

ISBN:9780135189405

Author:Michael Sullivan

Publisher:PEARSON

Calculus: Early Transcendental Functions

Calculus

ISBN:9781337552516

Author:Ron Larson, Bruce H. Edwards

Publisher:Cengage Learning

SEE MORE TEXTBOOKS

Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY

Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY

Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY

(a) The reason how the average income among households in the bottom rth part is equal to F ( r ) r A where A is the national average income of a country.

Concept explainers

Videos

(a) The reason how the average income among households in the bottom rth part is equal to F(r)rA where A is the national average income of a country.

(b) The reason how the average income among households in the interval [r,r+Δr] is equal to (F(r+Δr)−F(r)Δr)A where A is the national average income of a country.

(c) The derivation for the interpretation that says a household in the 100rth percentile has income F'(r)A when passing F(r+Δr)−F(r)ΔrA to the limit Δr→0

(d) The percentage of households that have above - average income from the Lorenz curves L1 and L2

Want to see the full answer?

Chapter 3 Solutions

(a)

The reason how the average income among households in the bottom rth part is equal to $\frac{F (r)}{r} A$ where A is the national average income of a country.

(b)

The reason how the average income among households in the interval $[r, r + Δ r]$ is equal to $(\frac{F (r + Δ r) - F (r)}{Δ r}) A$ where A is the national average income of a country.

(c)

The derivation for the interpretation that says a household in the 100rth percentile has income F'(r)A when passing $\frac{F (r + Δ r) - F (r)}{Δ r} A$ to the limit $Δ r \to 0$

(d)

The percentage of households that have above - average income from the Lorenz curves L₁ and L₂