Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
-(Figure and Table: The Market for Taxi Rides) Use Figure and Table: The Market for Taxi Rides.The figure represents a competitive market for taxi rides.If the government imposes an excise tax of $2 per ride (causing the supply curve to shift upward by that amount) ,then the government will collect tax revenues of _____,BUT the tax will cause a _____ deadweight loss to society.

A) $8 million;$1 million
B) $16 million;$2 million
C) $24 million;$4.5 million
D) $48 million;$6 million