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No, the slope of a Lorenz curve cannot be greater than 1. The Lorenz curve represents the cumulative distribution of income or wealth, and its slope reflects the proportion of total income earned by a certain percentage of the population. Since the curve plots cumulative shares of income against cumulative shares of the population, the maximum slope occurs at the point where the entire population earns all the income, which results in a slope of 1.
What else can I help you with?
Can Lorenz curve above the diagonal?
No.The Lorenz curve measures inequality of distribution of income (or wealth). The diagonal represents a distribution that is perfectly equal and you cannot get more equal than that!
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
What is the smallest slope on the curve?
The smallest slope of a curve means the point at which the derivative (the slope) is minimal. So find the derivative first, then find the minimum value of this function. That means finding another derivative and setting it equal to zero to solve for x. Example with the curve y = x^3 - x^2 : The slope at any given point is given by the derivative, which is 3x^2 - 2x. To find the minimum value of this function, compute its derivative (which is 6x - 2) and set it equal to zero. Solve 6x - 2 = 0 for x and you'll find the answer. It's x = 1/3. This is the point at which the smallest slope occurs. The smallest slope ITSELF is the value of the first derivative at x = 1/3, so plug x = 1/3 into 3x^2 - 2x and you get -1/3. This method could also have found the LARGEST slope of the initial curve. So you have to make sure by computing the slope at another point (any other point). Take x = 0. There the slope is 0, which is bigger than -1/3. So the -1/3 value is indeed the SMALLEST slope.
Why is the ordinary demand curve flatter than a compensated demand curve if the good is a normal good but the reverse is the case if the good is inferior?
because the ordinary demand curve ignores the income effect of price changes.also since the compensated demand curve is less inelastic than an ordinary demand curve.
What are the factors that will shift the demand curve?
All factors other than price will shift the demand curve. Price moves along the demand curve.
Can Lorenz curve above the diagonal?
No.The Lorenz curve measures inequality of distribution of income (or wealth). The diagonal represents a distribution that is perfectly equal and you cannot get more equal than that!
Is the inverse of a line with the slope greater than one is a line with the slope less than one?
A line does not have an inverse!
What is the slope of 3x-2y equals or greater than 12?
The slope of the boundary line is 3/2.
When is a slope ratio more than 1?
A slope ratio is more than 1 when the vertical change (rise) between two points is greater than the horizontal change (run). This occurs in scenarios where the angle of the line is steep, resulting in a steep incline. For example, if the rise is 5 units and the run is 3 units, the slope ratio is 5/3, which is greater than 1. In general, a slope ratio greater than 1 indicates a steep ascent.
Would a skateboard ramp have a greater slope than a handicap ramp?
yes
Why is the curve for the freezing of a solution different in slope from the freezing of the solvent?
The curve for the freezing of a solution is different from that of the pure solvent because the presence of solute particles lowers the freezing point of the solution. This phenomenon is known as freezing point depression. The slope of the curve for the solution is less steep than that of the solvent due to this depression effect.
What do you call a straight line which touches a curve but continues without crossing it?
A straight line that touches a curve but continues without crossing it is called a "tangent." At the point of contact, the tangent line has the same slope as the curve, indicating that it just grazes the curve rather than intersecting it.
The slope of the mold release?
The appropriate release slope can avoid the product pulling hair (pulling flowers). Smooth surface of the mold slope should be ≥ 0.5 degrees, fine grain (sand surface) surface is greater than 1 degree, coarse grain surface is greater than 1.5 degrees.
How do you find a slope intercept inequality?
The same way as a slope equation. Once you have it solved, and the y is to the left, if it is greater than, the shade goes up. If it is less than, the shade goes down.
What is an example of an equation that makes the graph of y equals x less steep?
A slope greater than 1 makes a graph be really steep. On the other hand, a slope less than 1 but greater than 0 makes a graph less steep. Therefore any fraction slope would give you a less steep graph.An example could be y=(1/3)x.
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
Why does slope overload occur in delta modulation?
To reduce slope overload distortion ,the step size must be increased when the slope of the input signal is high. The sawtooth is better able to match the message in the regions of steep slope.
