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Relationship between the tax rate on imported shoes

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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. The tax revenues generated by this tax will be equal to the tax rate times the total sales. Use the revenue function to find the tax rate t that maximizes revenue for the government. Round your answer to the nearest tenth of a percent.

t = percent

How much revenue would the government get from this tax? Round your answer to the nearest thousand dollars. ______ thousand dollars

Reference no: EM132445598

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