The above figure shows the market for neckties after the government has imposed a tax. How much government revenue is generated by the tax?
A) $1,000.00 per month
B) $800.00 per month
C) $500.00 per month
D) $400.00 per month
D
Economics
You might also like to view...
Everything else held constant, a decrease in net exports ________ aggregate ________
A) increases; demand B) decreases; demand C) decreases; supply D) increases; supply
Economics
Mergers often increase profit by
A) producing economies of scale. B) producing economies of scope. C) increasing efficiency of the firm. D) All of the above.
Economics