My Math Forum  

Go Back   My Math Forum > Science Forums > Economics

Economics Economics Forum - Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance

LinkBack Thread Tools Display Modes
October 29th, 2013, 05:55 AM   #1
Joined: Oct 2013

Posts: 6
Thanks: 0

Density income and total income!

Suppose that the density income function is $f(r) = a*exp(r^2)$ with $r \in(0; 10)$ (hundred thousand euros) and $a=exp(10)-1$. Assume that the total number of people in this economy is 1 million. Compute the total income in the interval **[5; 7]** (total amount of money in the economy from people earning between $r = 5$ and $r = 7$ (hundred thousands euros).
Fitim is offline  

  My Math Forum > Science Forums > Economics

density, income, total

Thread Tools
Display Modes

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to solve tax income grace25 Economics 2 January 5th, 2013 11:46 AM
income effect pomazebog Economics 1 August 12th, 2012 10:55 PM
Income guru123 Algebra 4 October 18th, 2011 05:07 AM
Percentage of income taxed sharp Elementary Math 3 December 22nd, 2010 03:33 PM
Taxes and income? Lissakay Calculus 0 June 29th, 2010 08:12 PM

Copyright © 2019 My Math Forum. All rights reserved.