-/1 Points] Effect of Luxury Tax on Consumption Government economists of a developing country determined that...
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-/1 Points] Effect of Luxury Tax on Consumption Government economists of a developing country determined that the purchase of imported perfume is related to a proposed "luxury tax" by the following formula where N(x) measures the percentage of normal consumption of perfume when a "luxury tax" of x% is imposed on it. N(x) = 10,000 - 40x - 0.02x2 (0 x 200) Find the rate of change of N(x) for taxes of 5%, 100%, and 135%. (Round your answers to three decimal places.) 5% tax 100% tax 135% tax consumption/percentage increase in tax consumption/percentage increase in tax consumption/percentage increase in tax -/1 Points] Effect of Luxury Tax on Consumption Government economists of a developing country determined that the purchase of imported perfume is related to a proposed "luxury tax" by the following formula where N(x) measures the percentage of normal consumption of perfume when a "luxury tax" of x% is imposed on it. N(x) = 10,000 - 40x - 0.02x2 (0 x 200) Find the rate of change of N(x) for taxes of 5%, 100%, and 135%. (Round your answers to three decimal places.) 5% tax 100% tax 135% tax consumption/percentage increase in tax consumption/percentage increase in tax consumption/percentage increase in tax
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