Figure 5-13 Figure 5-13 Illustrates the Market for Gasoline Before the Government

Multiple Choice

Figure 5-13

Figure 5-13 illustrates the market for gasoline before the government imposes a tax to bring about the efficient level of gasoline production.
-Refer to Figure 5-13.If the government wanted to bring about the efficient level of gasoline production by imposing a tax, the actual price of gasoline paid by consumers after the tax is implemented is ________ per gallon.

A) $3.00
B) $3.75
C) $4.25
D) $5.00