Exhibit 20-6 -Refer to Exhibit 20-6.Suppose the Three Equilibrium Quantities Are 700,800,and

Multiple Choice

Exhibit 20-6

-Refer to Exhibit 20-6.Suppose the three equilibrium quantities are 700,800,and 900,and the two other equilibrium prices are $2.20 and $2.75.What is the change in total revenue when a per-unit tax shifts S₁to S₂,given that D₂ is the relevant demand curve?

A) $260
B) -$260
C) $900
D) $700
E) -$200