=+Solve for the peak of the Laffer Curve (using the equation you derived in the previous exercise)
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=+Solve for the peak of the Laffer Curve (using the equation you derived in the previous exercise)
and verify that it occurs at a tax rate of approximately 48.4%.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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