Price S+ tax $12 10 4500 5000 Quantity Consider the impact of a tax on sellers, shown in this diagram of the market for whiskey. In this case, the total tax revenue collected by the government is $3.00. $1500.00. $13,500.00. $40,500.00.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.11P
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Question
Price
S+ tax
$12
S
e 2:
10
9.
4500 5000
се 3:
Quantity
Consider the impact of a tax on sellers, shown in this diagram of the market for
whiskey. In this case, the total tax revenue collected by the government is
$3.00.
ge 4:
$1500.00.
$13,500.00.
$40,500.00.
12:36
Transcribed Image Text:Price S+ tax $12 S e 2: 10 9. 4500 5000 се 3: Quantity Consider the impact of a tax on sellers, shown in this diagram of the market for whiskey. In this case, the total tax revenue collected by the government is $3.00. ge 4: $1500.00. $13,500.00. $40,500.00. 12:36
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