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Lorenz Curve In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of

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Lorenz Curve In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of income of stockbrokers was described by the function f(x) = 123x + 13x and that of high school teachers by the function 4 9(x) = x + 1 (a) Compute the coefficient of inequality for each Lorentz curve. (Round your answers to two decimal places.) high school teachers stockbrokers (b) Which profession has a more equitable income distribution? stockbrokers Ohigh school teachers

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