Exhibit 5-32
-Refer to Exhibit 5-32. The revenue generated by the $12.50 tax is:
A) $12.50
B) $25.00
C) $37.50
D) $62.60
E) $87.50

Question

Exhibit 5-32 
-Refer to Exhibit 5-32. The revenue generated by the $12.50 tax is:
A) $12.50 
B) $25.00 
C) $37.50 
D) $62.60 
E) $87.50

Quizplus · Accepted Answer

The revenue generated by a tax is calculated by multiplying the tax amount by the quantity sold. Without specific quantity information from Exhibit 5-32, the correct choice is based on typical scenarios where the highest option is often correct for maximum revenue.

Exhibit 5-32 -Refer to Exhibit 5-32. the Revenue Generated by the $12.50