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Exhibit 20-2 -Refer to Exhibit 20-2.The Market for Good X Is Initially

Question 154

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Exhibit 20-2
Exhibit 20-2 -Refer to Exhibit 20-2.The market for good X is initially in equilibrium at $5.The government then places a per-unit tax on good X,as shown by the shift of S<sub>1</sub> to S<sub>2</sub>.What is the per-unit tax equal to? A) $1.00 B) $2.25 C) $0.25 D) $4.00 E) $1.25
-Refer to Exhibit 20-2.The market for good X is initially in equilibrium at $5.The government then places a per-unit tax on good X,as shown by the shift of S1 to S2.What is the per-unit tax equal to?


A) $1.00
B) $2.25
C) $0.25
D) $4.00
E) $1.25

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