Multiple Choice
Use the following to answer questions:
Figure: The Market for Hamburgers
-(Figure: The Market for Hamburgers) Look at the figure The Market for Hamburgers. If the market is originally in equilibrium and the government imposes an excise tax of $0.80 per unit of the good sold, the government's revenue from the tax will be:
A) $175.
B) $240.
C) $105.
D) $90.
Correct Answer:

Verified
Correct Answer:
Verified
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