Multiple Choice
Suppose a tax of $3 per unit is imposed on a good.The supply curve is a typical upward-sloping straight line,and the demand curve is a typical downward-sloping straight line.The tax decreases consumer surplus by $3,900 and decreases producer surplus by $3,000.The tax generates tax revenue of $6,000.The tax decreased the equilibrium quantity of the good from
A) 2,000 to 1,500.
B) 2,400 to 2,000.
C) 2,600 to 2,000.
D) 3,000 to 2,400.
Correct Answer:

Verified
Correct Answer:
Verified
Q84: Figure 8-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 8-1
Q157: Figure 8-3<br>The vertical distance between points A
Q158: Figure 8-8<br>Suppose the government imposes a $10
Q159: The benefit to buyers of participating in
Q160: Figure 8-2<br>The vertical distance between points A
Q161: If a tax shifts the supply curve
Q163: Figure 8-4<br>The vertical distance between points A
Q164: For widgets,the supply curve is the typical
Q165: Figure 8-6<br>The vertical distance between points A
Q167: Figure 8-12 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 8-12