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    Exhibit 19-2 ​ Refer to Exhibit 19-2. the Market for Good X Is
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Exhibit 19-2 ​ Refer to Exhibit 19-2. the Market for Good X Is

Question 114

Question 114

Multiple Choice

Exhibit 19-2 ​
Exhibit 19-2 ​   Refer to Exhibit 19-2. 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 19-2. 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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