Concept explainers
During the 1980s the controversial economist Arthur Laffer promoted the idea that tax increases tend to a reduction in government revenue. Called supply-side economies, the theory uses functions such as
This function models the government tax revenue, f(x). in tens of billions of dollars, in terms of the tax rate, x. The graph of the function is shown. It illustrates tax revenue decreasing quite dramatically as the tax rate increases. At a tax rate of (gasp) 100%. the government takes all our money and no one has an incentive to work. With no income earned, zero dollars in tax revenue is generated.
Use function f andits graph to solve Exercise 55-56
a. find and interpret f(40). identify the solution as a point on the graph of the function.
b. Rewrite the Function by Using long division to perform
Then use this new form of the function to find f(40). Do you obtain the same answer as you did in part (a)? c Is f a polynomial function? Explain your answer.
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
COLLEGE ALGEBRA
- Write the equation line shown on the graph in slope, intercept form.arrow_forward1.2.15. (!) Let W be a closed walk of length at least 1 that does not contain a cycle. Prove that some edge of W repeats immediately (once in each direction).arrow_forward1.2.18. (!) Let G be the graph whose vertex set is the set of k-tuples with elements in (0, 1), with x adjacent to y if x and y differ in exactly two positions. Determine the number of components of G.arrow_forward
- 1.2.17. (!) Let G,, be the graph whose vertices are the permutations of (1,..., n}, with two permutations a₁, ..., a,, and b₁, ..., b, adjacent if they differ by interchanging a pair of adjacent entries (G3 shown below). Prove that G,, is connected. 132 123 213 312 321 231arrow_forward1.2.19. Let and s be natural numbers. Let G be the simple graph with vertex set Vo... V„−1 such that v; ↔ v; if and only if |ji| Є (r,s). Prove that S has exactly k components, where k is the greatest common divisor of {n, r,s}.arrow_forward1.2.20. (!) Let u be a cut-vertex of a simple graph G. Prove that G - v is connected. עarrow_forward
- 1.2.12. (-) Convert the proof at 1.2.32 to an procedure for finding an Eulerian circuit in a connected even graph.arrow_forward1.2.16. Let e be an edge appearing an odd number of times in a closed walk W. Prove that W contains the edges of a cycle through c.arrow_forward1.2.11. (−) Prove or disprove: If G is an Eulerian graph with edges e, f that share vertex, then G has an Eulerian circuit in which e, f appear consecutively. aarrow_forward
- By forming the augmented matrix corresponding to this system of equations and usingGaussian elimination, find the values of t and u that imply the system:(i) is inconsistent.(ii) has infinitely many solutions.(iii) has a unique solutiona=2 b=1arrow_forward1.2.6. (-) In the graph below (the paw), find all the maximal paths, maximal cliques, and maximal independent sets. Also find all the maximum paths, maximum cliques, and maximum independent sets.arrow_forward1.2.13. Alternative proofs that every u, v-walk contains a u, v-path (Lemma 1.2.5). a) (ordinary induction) Given that every walk of length 1-1 contains a path from its first vertex to its last, prove that every walk of length / also satisfies this. b) (extremality) Given a u, v-walk W, consider a shortest u, u-walk contained in W.arrow_forward
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage