Business, 11.12.2019 02:31 sindy35111

Suppose that the five residents of a small village have the following incomes: $10,000; $20,000; $30,000; $40,000; $50,000. the proportion of total income earned by the lowest two quintiles is and the proportion earned by the highest two quintiles is
a. 30%; 90%
b. 20%; 100%
c. 30%; 40%
d. 20%; 60%

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Suppose that the five residents of a small village have the following incomes: $10,000; $20,000;...

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