3 3 2 2 1 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15( 1234 5 6 7 8 9 10 11 21314E Figure:Supply and Demand Graph (copied twice in case you want to draw on it) 1. (Figure Supply and Demand Graph) In the market represented by the graph, if the government sets a tax of $6, what is the government revenue received from this tax? A) $0 B) $6 C) $18 D) $36
3 3 2 2 1 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15( 1234 5 6 7 8 9 10 11 21314E Figure:Supply and Demand Graph (copied twice in case you want to draw on it) 1. (Figure Supply and Demand Graph) In the market represented by the graph, if the government sets a tax of $6, what is the government revenue received from this tax? A) $0 B) $6 C) $18 D) $36
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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