Suppose an economist determines that where y = R(x) is government revenue in tens of millions of
Question:
Suppose an economist determines that
where y = R(x) is government revenue in tens of millions of dollars for a tax rate of x percent, with y = R(x) valid for 50 … x … 100. Find the revenue for each tax rate. Round to the nearest tenth if necessary.
(a) 50%
(b) 60%
(c) 80%
(d) 100%
Transcribed Image Text:
60х — 6000 х — 120 R(x)
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a b c...View the full answer
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Related Book For
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
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