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Question 19

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Use the following to answer question: Use the following to answer question:   -(Table: The Market for Fried Twinkies) Use Table: The Market for Fried Twinkies.The government decides to tax fried Twinkies at a rate of $0.30 per Twinkie and collect that tax from the producers.According to the table,consumers will pay _____ per Twinkie and buy _____ Twinkies after the tax. A) $1.20;8,000 B) $1.30;7,000 C) $1.40;6,000 D) $1.50;5,000
-(Table: The Market for Fried Twinkies) Use Table: The Market for Fried Twinkies.The government decides to tax fried Twinkies at a rate of $0.30 per Twinkie and collect that tax from the producers.According to the table,consumers will pay _____ per Twinkie and buy _____ Twinkies after the tax.


A) $1.20;8,000
B) $1.30;7,000
C) $1.40;6,000
D) $1.50;5,000

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