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Use the Figure Below to Answer the Following Question(s)

Question 197

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Use the figure below to answer the following question(s) .
Figure 4-9
Use the figure below to answer the following question(s) . Figure 4-9 Refer to Figure 4-9. The market for gasoline was initially in equilibrium at point b and a $.40 excise tax is illustrated. How much revenue would the $.40 gasoline tax raise? A) $18 million B) $36 million C) $72 million D) $100 million
Refer to Figure 4-9. The market for gasoline was initially in equilibrium at point b and a $.40 excise tax is illustrated. How much revenue would the $.40 gasoline tax raise?


A) $18 million
B) $36 million
C) $72 million
D) $100 million

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