1. Assess the three interpretations of equity in ref- erence to the distribution of marks for student achievement in this course at your school. Which interpretations are most appropriate for obtaining distributive justice? Justify your choices. 2. Explain how the Lorenz curve helps economists visualize the distribution of average total income. 3. Group the nine factors affecting income distribution into two groupings as being of high or moderate importance. Further subdivide these groups according to whether or not each factor is justifiable, in your opinion. Explain your reasoning