Question: I need help with letter C please! I need help with letter C please! Consider the piecewise function for a Hypothetical Tax Code from Module
I need help with letter C please!Consider the piecewise function for a Hypothetical Tax Code from Module 4: 0 XS 10,400 T(x) = 0.15(x - 10,400) 10,400 30,400 1) How many slopes would the graph of this function have? What would they be? 2) Below is a graph of the percent of total income paid in taxes as a function of total income. a. Discuss what the kinks in the graph represent? b. What is the total income at each of these kinks? c. How high will the graph go and why? Percent of Total Income Paid in Taxes as a Function of Total Income 20.00% 16.00% 12.00% 8.00% 4.00% 0.00% $0 $20,000 $60,000 $80,000 $40,000 Total Income 3) Discuss your thoughts on this concept
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