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suppose the variable x represents students, F(x) means "x is a freshman," and M(x) means "x is a math major." Match the statement in symbols with one of the English statements in this list:
1. Some freshmen are math majors.
2. Every math major is a freshman.
3. No math major is a freshman.
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Tax
An unavoidable fiscal exaction or different type of contribution enforced by a governmental faction on a taxpayer, intended to support the financing of governmental operations and a range of public service outlays.
Tax Revenue
The income governments procure through the levy of taxes.
Consumer Surplus
The variance between the total consumers are prepared to invest in a good or service and what they end up investing.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service and the higher market price they actually receive.
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