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Figure 8-13 -Refer to Figure 8-13. Suppose the Government Places a $5

Question 424

Multiple Choice

Figure 8-13 Figure 8-13 -Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The amount of tax revenue collected by the government is A) $120. B) $80. C) $50. D) $30.
-Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The amount of tax revenue collected by the government is


A) $120.
B) $80.
C) $50.
D) $30.

Correct Answer:

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