Solve the problem.Economists use what is called a Leffer curve to predict the government revenue for tax rates from 0% to 100%. Economists agree that the end points of the curve generate 0 revenue, but disagree on the tax rate that produces the maximum revenue. Suppose an economist produces this rational function,
where R is revenue in millions at a tax rate of x percent. Use a graphing calculator to graph the function. What tax rate produces the maximum revenue? What is the maximum revenue?
A. 37.5%; $210 million
B. 39.6%; $209 million
C. 35.8%; $209 million
D. 34.9%; $207 million
Answer: B
Mathematics
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Add or subtract, as indicated.3.179 + 5.427
A. -2.248 B. 8.706 C. 8.606 D. 17.252
Mathematics
Use the Rule of 78 to find the amount of unearned interest for the loan paid in full before the date of maturity.Finance charge: $770Total number of payments: 23Remaining number of payments, when paid in full: 9
A. $125.54 B. $100.43 C. $109.57 D. $136.96
Mathematics
Provide an appropriate response.Simplify: 3(x - 7) - 4(x2 - x) + 2(1 - x)
What will be an ideal response?
Mathematics
Determine whether the equation is linear or nonlinear.
+ 1 = 7
A. linear B. nonlinear
Mathematics