Figure: The Market for Lattes
(Figure: The Market for Lattes) If the excise tax on lattes increases from $1.50 per latte to
$2.25 per latte, government revenue will _________ by _ .
A.decrease; $150
B.decrease; $75
C.increase; $150
D.increase; $225

Question

Quizplus · Accepted Answer

The Answer of Figure: The Market for Lattes
(Figure: The Market for Lattes) If the excise tax on lattes increases from $1.50 per latte to
$2.25 per latte, government revenue will _________ by _ .
A.decrease; $150
B.decrease; $75
C.increase; $150
D.increase; $225

Figure: the Market for Lattes