Use the table below to answer the following questions.
Table 6.5.1
The Market for a Prohibited Good
-Refer to Table 6.5.1.If a $2-per-unit cost of breaking the law is imposed on sellers,the price received by sellers (net of the cost of breaking the law)would be
A)$8.
B)$7.
C)$9.
D)$10.
E)$6.

Question

Use the table below to answer the following questions.
Table 6.5.1
The Market for a Prohibited Good 
-Refer to Table 6.5.1.If a $2-per-unit cost of breaking the law is imposed on sellers,the price received by sellers (net of the cost of breaking the law)would be
A)$8. 
B)$7. 
C)$9. 
D)$10. 
E)$6.

Quizplus · Accepted Answer

When the cost of breaking the law to sellers is $2, the net price received by sellers would be $7, as seen in the table under the column "Net Return to Sellers." Therefore, the best choice is option B.

Use the Table Below to Answer the Following Questions