My Math Forum Density income and total income!

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

 October 29th, 2013, 05:55 AM #1 Newbie   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).

 Tags density, income, total

 Thread Tools Display Modes Linear Mode

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

 Contact - Home - Forums - Cryptocurrency Forum - Top