Example of per capita income
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Explanation:
let's say a town has a total population of 50 people who are earning $500,000 per year, and 1,000 people earning $25,000 per year. We calculate the per capita income as ($500,000 * 50) + (1,000 * $25,000) to arrive at $50,000,000 in total income.
Answered by
1
Hello !
Per capita = measurement/number of people in a population
For example, if you want to know how many people have blue hair per every X amount of people in a certain population, you would first determine the total number of people with blue hair in that population.
Hope It Helps u :)
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