English, asked by Anonymous, 4 months ago

What are main merits of lorenz curve?

Answers

Answered by pranjal55555

1

A gentle word, a kind look, a good-natured smile can work wonders and accomplish miracles.

Answered by aahana4968

2

Answer:

The main advantage of Lorenz curve is that is used for.
Showing distributing of income among the people.
Helps with comparing two or more factors of production.
Helps with comprehending the changes in wages and inequality of income.

Explanation:

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