Answer to Question #20493 in Calculus for Riley

Question

Suppose the government wants to impose a tax on fossil fuels to reduce carbon emissions. 22)
The cost benefit is modeled by ln(l - P) = -0.0025 - 0.0056x, where x represents the dollars of tax per ton of carbon emitted and P represents the percent reduction in emissions of carbon. (P is in decimal form.) Determine P when x = 44. Round to three decimal places.