What does the lorenz curve measure in the economy?

a graphical representation of the distribution of income or of wealth.

The correct answer on Edgen is:

It illustrates income distribution. In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution. The curve is a graph showing the proportion of overall income or wealth assumed by the bottom x% of the people, although this is not rigorously true for a finite population.

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the length of o'p' is .

step-by-step explanation:

it is given that the quadrilateral m'n'o'p' is the image of quadrilateral mnop after dilation.

the center of dilation is origin and the scale factor is 1.5.

in dilation the image and preimge are similar figures. it means the sides of image and preimage are proportional.

the scale factor is defined as

the scale factor is 1.5.

multiply both sides by op.

note: if the value of op is given, then multiply the value of op with 1.5 to get the length of side o'p'.

therefore length of o'p' is .