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Question 108

Multiple Choice

Use the following to answer questions:
Figure: The Market for Lattes Use the following to answer questions: Figure: The Market for Lattes -(Figure: The Market for Lattes) If an excise tax of $2.25 is assessed on each latte, government revenue will be: A) $225. B) $400. C) $450. D) $1,800.
-(Figure: The Market for Lattes) If an excise tax of $2.25 is assessed on each latte, government revenue will be:


A) $225.
B) $400.
C) $450.
D) $1,800.

Correct Answer:

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