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Figure 8-3 the Vertical Distance Between Points a and C Represents a Represents

Question 176

Multiple Choice

Figure 8-3
The vertical distance between points A and C represents a tax in the market. Figure 8-3 The vertical distance between points A and C represents a tax in the market. -Refer to Figure 8-3.Which of the following equations is valid for the tax revenue that the tax provides to the government? A) Tax revenue = (P2 - P1) xQ1 B) Tax revenue = (P3 - P1) xQ1 C) Tax revenue = (P3 - P2) xQ1 D) Tax revenue = (P3 - P1) x(Q2 - Q1)
-Refer to Figure 8-3.Which of the following equations is valid for the tax revenue that the tax provides to the government?


A) Tax revenue = (P2 - P1) xQ1
B) Tax revenue = (P3 - P1) xQ1
C) Tax revenue = (P3 - P2) xQ1
D) Tax revenue = (P3 - P1) x(Q2 - Q1)

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