Refer to the information provided in Figure 32.1 below to answer the question(s) that follow. Figure 32.1
-Refer to Figure 32.1. The tax rate that will ________ is associated with Point B.
A) minimize tax revenue
B) maximize tax revenue
C) maximize unemployment
D) minimize inflation

Question

Refer to the information provided in Figure 32.1 below to answer the question(s) that follow.  Figure 32.1
-Refer to Figure 32.1. The tax rate that will ________ is associated with Point B.
A) minimize tax revenue 
B) maximize tax revenue 
C) maximize unemployment 
D) minimize inflation

Quizplus · Accepted Answer

Point B represents the point of maximum tax revenue, which means that the tax rate that will maximize tax revenue is associated with this point.

Refer to the Information Provided in Figure 32