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. 28.8%; $272 million
B. 30.9%; $382 million
C. 27.0%; $379 million
D. 38.4%; $383 million
Answer: B
Mathematics
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Solve the problem.In a recent school board election, the two candidates for president received 1957 votes. The loser received 1269 fewer votes than the winner. How many votes did the winner receive?
A. 1613 votes B. 1441 votes C. 344 votes D. 688 votes
Mathematics
Find (f – g)(2).
A) –4 B) –1 C) 0 D) –2
Mathematics
An auto dealer has a selection of 50 different cars. How many ways can a company select three cars for their auto pool?
What will be an ideal response?
Mathematics
For the grouped data Score Frequency 90-100 8 80-89 12 70-79 26 60-69 14 an estimate of the mean is _____.
A. 86.75 B. 76.9 C. 75.0 D. 15.0
Mathematics