Figure 15.2 Figure 15.2 Shows a Demand Curve and Two Sets of Curve

Multiple Choice

Figure 15.2

Figure 15.2 shows a demand curve and two sets of supply curves, one set more elastic than the other.
-Refer to Figure 15.2.If the government imposes an excise tax of $1.00 on every unit sold, the government's revenue from the tax is represented by the area

A) (PₐPc × Qₐ) if the supply curve is S₀ and (PbPc × Qb) if the supply curve is S₁.
B) (PₐPd × Qₐ) if the supply curve is S₀ and (PbPₑ × Qb) if the supply curve is S₁.
C) (PₐPₑ × Qₐ) under either supply curve.
D) (PbPₑ × Qb) under either supply curve.