Use the following to answer question:
-(Scenario: The Market for Good X)Use Scenario: The Market for Good X.The tax revenue collected by government from a $1 per unit tax will be (round all calculations to two decimal places):

Question

Use the following to answer question: 
-(Scenario: The Market for Good X)Use Scenario: The Market for Good X.The tax revenue collected by government from a $1 per unit tax will be (round all calculations to two decimal places):

Quizplus · Accepted Answer

The tax revenue collected by the government from a per unit tax is calculated by multiplying the tax rate by the quantity of goods sold after the tax is imposed. Without specific quantities provided in the scenario, the correct answer cannot be derived from calculations alone. However, given the options and assuming B is correct, it suggests that after the $1 per unit tax is imposed, the quantity sold times $1 equals $59.04, indicating that 59.04 units (rounded to two decimal places) were effectively sold under the new tax regime.

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