Suppose an economist determines that where y = R(x) is government revenue in tens of millions of

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Suppose an economist determines that

60х — 6000 х — 120 R(x)


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%

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Related Book For  answer-question

College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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