Find the Relative Extreme Values for F(x) = 1 -X^2/7

question 631

Essay

Find the relative extreme values for f(x) = 1 -x^2/7 on the interval [-1, 1] and determine where those values occur.

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Definitions:

Vertical Equity

A principle of taxation that suggests taxpayers with a higher ability to pay should contribute more in taxes than those with a lesser ability to pay.

Horizontal Equity

The principle that individuals with equal ability to pay should face equal tax burdens.

Marginal Tax Rates

The tax rate that applies to the next dollar of taxable income.

Vertical Equity

A principle in taxation that suggests taxpayers with a greater ability to pay should contribute more in taxes.