(Answered) On a particular product government economists determine

Management Studies

On a particular product, government economists determine that the relationship between tax rate t and the quantity consumed q of the product is given by

t=18-3q² .

Write an expression for the tax revenue in terms of t (t is expressed in percent).
Treating t as your choice variable, maximize this tax revenue function to find the optimal tax rate for the government. (Be sure to check your second-order condition.)

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