Question

9) Suppose that in Country A the market income Gini coefficient is 0.60 and the disposable income Gini coefficient is 0.40. In Country B the market income Gini coefficient is 0.60 and the disposable income Gini coefficient is 0.30. How is it possible to have the same market income Gini coefficient but a different disposable income Gini coefficient? (8 points) 10) What does the following graph represent? Why does the graph not start at the origin (intersection of the horizontal and vertical axis)? (10 points) Total cost of production, C(Q) Quantity of cars, Q

          9) Suppose that in Country A the market income Gini coefficient is 0.60 and the disposable
income Gini coefficient is 0.40. In Country B the market income Gini coefficient is 0.60 and the
disposable income Gini coefficient is 0.30. How is it possible to have the same market income
Gini coefficient but a different disposable income Gini coefficient? (8 points)
10) What does the following graph represent? Why does the graph not start at the origin
(intersection of the horizontal and vertical axis)? (10 points)
Total cost of production,
C(Q)
Quantity of cars, Q

9) Suppose that in Country A the market income Gini coefficient is 0.60 and the disposable
income Gini coefficient is 0.40. In Country B the market income Gini coefficient is 0.60 and the
disposable income Gini coefficient is 0.30. How is it possible to have the same market income
Gini coefficient but a different disposable income Gini coefficient? (8 points)
10) What does the following graph represent? Why does the graph not start at the origin
(intersection of the horizontal and vertical axis)? (10 points)
Total cost of production,
C(Q)
Quantity of cars, Q

Added by Melody F.

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