Recent content by vaultDweller96

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    MHB Find the tax rate t that maximizes revenue for the government?

    Yep! Thank you! I got an answer of 0.07234 after I took the derivative and set it to 0 for which my assignment said was correct. Thank you for all your help!
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    MHB Find the tax rate t that maximizes revenue for the government?

    So would it be R(t) = S(t) * t ?
  3. V

    MHB Find the tax rate t that maximizes revenue for the government?

    Mulitply it by the tax percetage?
  4. V

    MHB Find the tax rate t that maximizes revenue for the government?

    I'm a little confused sorry, how do we find R(t)? Is our total sales function the one given? Or is the tax rate the one given?
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    MHB Find the tax rate t that maximizes revenue for the government?

    Suppose that the relationship between the tax rate t on imported shoes and the total sales S (in millions of dollars) is given by the function below: S(t) = 5 − 9 * sqrt[3]{t} t = ? Find the tax rate t that maximizes revenue for the government. (Round your answer to three decimal places.)...