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A small country's simple progressive income tax schedule is to charge 12% on all income below $40,00O. At $40,000 and above, the tax bill is $4,800 plus 36% of all income beyond $40,000. What are the constraints that apply to the above situation? Select all that apply. 0.36x when æ > $40000 O $4800 + 0.36z when z 2 $40000 O $4800 + 0.36(r - $40000) when a 2 $40000 O $4800z when z 2 $40000 O 0.12z when r< $40000 O 0.12z when r < $40000

A small country's simple progressive income tax schedule is to charge 12% on all income below $40,00O. At $40,000 and above, the tax bill is $4,800 plus 36% of all income beyond $40,000. What are the constraints that apply to the above situation? Select all that apply. 0.36x when æ > $40000 O $4800 + 0.36z when z 2 $40000 O $4800 + 0.36(r - $40000) when a 2 $40000 O $4800z when z 2 $40000 O 0.12z when r< $40000 O 0.12z when r < $40000

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 33E
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A small country's simple progressive income tax schedule is to charge 12% on all income below $40,00O. At $40,000 and above, the tax bill is $4,800 plus 36% of all income beyond $40,000. What are the constraints that apply to the above situation? Select all that apply. O 0.36z when z > $40000 O $4800 + 0.36z when z > $40000 O $4800 + 0.36(x – $40000) when x > $40000 O $4800z when z > $40000 O 0.12x when r< $40000 0.12r when I < $40000
Transcribed Image Text:A small country's simple progressive income tax schedule is to charge 12% on all income below $40,00O. At $40,000 and above, the tax bill is $4,800 plus 36% of all income beyond $40,000. What are the constraints that apply to the above situation? Select all that apply. O 0.36z when z > $40000 O $4800 + 0.36z when z > $40000 O $4800 + 0.36(x – $40000) when x > $40000 O $4800z when z > $40000 O 0.12x when r< $40000 0.12r when I < $40000
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