on buyers, as shown in the figure. According to the figure, the government raises $[value] in tax revenue.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Mj

Price (dollars per pack)
10
00
6
5
3
90
95
S
D-tax on buyers
100
105
110
Quantity (millions of packs per year)
WIL STEMNIN
The above figure shows the market for cigarettes. The government decides to impose the sales tax
on buyers, as shown in the figure. According to the figure, the government raises $[value] in tax
revenue.
Just enter a value. Do not include the "$" sign. For values greater than 999 add a comma". For
example, 123,456 or 98,202.
Transcribed Image Text:Price (dollars per pack) 10 00 6 5 3 90 95 S D-tax on buyers 100 105 110 Quantity (millions of packs per year) WIL STEMNIN The above figure shows the market for cigarettes. The government decides to impose the sales tax on buyers, as shown in the figure. According to the figure, the government raises $[value] in tax revenue. Just enter a value. Do not include the "$" sign. For values greater than 999 add a comma". For example, 123,456 or 98,202.
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