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Question 110

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Use the following to answer question: Use the following to answer question: -(Figure: The Market for SUVs) Use Figure: The Market for SUVs.If the government imposes a $60,000 tax on SUVs (collected from the producers) ,the price of SUVs will rise to _____ and the government will collect _____. A) $100,000;$120 million B) $120,000;$90 million C) $140,000;$90 million D) $160,000;$120 million
-(Figure: The Market for SUVs) Use Figure: The Market for SUVs.If the government imposes a $60,000 tax on SUVs (collected from the producers) ,the price of SUVs will rise to _____ and the government will collect _____.


A) $100,000;$120 million
B) $120,000;$90 million
C) $140,000;$90 million
D) $160,000;$120 million

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