In 2016, Philadelphia Imposed a Tax of 1

Multiple Choice

In 2016, Philadelphia imposed a tax of 1.5 cents per ounce on sweetened beverages, and PepsiCo indicated that its sales in Philadelphia fell by 40 percent after the tax took effect.If the price of PepsiCo's sweetened beverages in Philadelphia increased by 32 percent following the implementation of the tax, then based on these figures total revenue

A) increased.
B) decreased.
C) did not change.
D) There is not enough information to determine what happened to total revenue.