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. 34.9%; $207 million
B. 35.8%; $209 million
C. 39.6%; $209 million
D. 37.5%; $210 million
Answer: C
Mathematics
You might also like to view...
Multiply.
A. -
B. -
C.
D. -
Mathematics
Find all the terms of the finite sequence.an = 4n- 1, 1 ? n ? 5
A. 5, 9, 13, 17, 21 B. 3, 4, 5, 6, 7 C. -3, -7, -11, -15, -19 D. 3, 7, 11, 15, 19
Mathematics
The pie chart below shows the number of pizzas consumed by college students in a typical month. Use the chart to answer the question. What percent of college students consume 3 or more pizzas in a typical month?
A. 34% B. 57% C. 98% D. 52%
Mathematics
Solve the equation.10y + 10 = -7 - 6y
A.
B.
C. -
D. -
Mathematics