Paretos Law of Income states that the number of people with incomes between x = a and
Question:
Pareto’s Law of Income states that the number of people with incomes between x = a and x = b is
where A and k are constants with A > 0 and k > 1. The average income of these people is
Calculate x.
Transcribed Image Text:
Ax'-k dx Ах1-k JA 18
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