Choose the One Alternative That Best Completes the Statement or Answers

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-Suppose the government wants to impose a tax on fossil fuels to reduce carbon emissions. The cost benefit is modeled by $\ln ( 1 - \mathrm { P } ) = - 0.0029 - 0.0053 \mathrm { x }$ , where $\mathrm { x }$ represents the dollars of tax per ton of carbon emitted and $P$ represents the percent reduction in emissions of carbon. ( $\mathrm { P }$ is in decimal form.) Determine $\mathrm { P }$ when $\mathrm { x } = 56$ . Round to three decimal places.

A) $- 0.255$
B) $- 0.15$
C) $1.741$
D) $0.259$