Solved: Small business. The percentage of the U.S. national income generated by nonfarm

Chapter 2, Problem 99

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Small business. The percentage of the U.S. national income generated by nonfarm proprietors may be modeled by where x is the number of years since 1970. (Source: U.S. Census Bureau.) According to this model, in what year from 1970 through 2000 was this percentage a minimum? Calculate the answer, and then check it on the graph.

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