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In the Lorenz curve, what does a greater area between the curve and the line of equal distribution indicate?a)Higher inequality in the items.b)Greater uniformity in the items.c)Perfectly equal distribution.d)No data available.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about In the Lorenz curve, what does a greater area between the curve and the line of equal distribution indicate?a)Higher inequality in the items.b)Greater uniformity in the items.c)Perfectly equal distribution.d)No data available.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the Lorenz curve, what does a greater area between the curve and the line of equal distribution indicate?a)Higher inequality in the items.b)Greater uniformity in the items.c)Perfectly equal distribution.d)No data available.Correct answer is option 'A'. Can you explain this answer?.

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