Mark M. answered 10/27/21
Retired math prof. Very extensive Precalculus tutoring experience.
logy = logb - klogx = logb - log(xk) = log(b / xk)
So, y = b/xk
Charlie P.
asked 10/27/21Pareto's law for capitalist countries states that the relationship between annual income x and the number y of individuals whose income exceeds x is
log y = log b − k log x,
where b and k are positive constants. Solve this equation for y.
Mark M. answered 10/27/21
Retired math prof. Very extensive Precalculus tutoring experience.
logy = logb - klogx = logb - log(xk) = log(b / xk)
So, y = b/xk
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