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Effect of Luxury Tax on Consumption Government economists of a developing country determined that the purchase of imported perfume is related to a proposed luxury

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Effect of Luxury Tax on Consumption Government economists of a developing country determined that the purchase of imported perfume is related to a proposed "luxury tax" by the following formula where N(x) measures the percentage of normal consumption of perfume when a "luxury tax" of x% is imposed on it. N(x) = V 10,000 - 40x - 0.02x2 (0 SX S 200) Find the rate of change of N(x) for taxes of 20%, 100%, and 150%. (Round your answers to three decimal places.) 20% tax consumption/percentage increase in tax 100% tax consumption/percentage increase in tax 150% tax consumption/percentage increase in tax Need Help? Read It

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