Abhinav.arjun47 Moradabad, India 1k Questions 2k Answers 14 Best Answers 4k Points View Profile 0 Abhinav.arjun47 Asked: May 7, 20202020-05-07T04:58:40+05:30 2020-05-07T04:58:40+05:30In: General What is Lorenz curve? 0 What is Lorenz curve? general question Share Facebook 1 Answer Voted Oldest Recent Charu New Delhi, 602 Questions 2k Answers 4 Best Answers 2k Points View Profile Charu Added an answer on May 7, 2020 at 10:17 am 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 percentage of households is plotted on the x-axis, the percentage of income on the y-axis. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.