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-The Figure Above Shows the Market for Digital Cameras

Question 1

Multiple Choice

  -The figure above shows the market for digital cameras. If a tax on digital cameras of $30 per camera is imposed, the marginal cost of the last digital camera produced is ________ and the marginal benefit that consumers receive from it is ________. A)  $330; $300 B)  $310; $280 C)  $280; $310 D)  $300; $300
-The figure above shows the market for digital cameras. If a tax on digital cameras of $30 per camera is imposed, the marginal cost of the last digital camera produced is ________ and the marginal benefit that consumers receive from it is ________.


A) $330; $300
B) $310; $280
C) $280; $310
D) $300; $300

Correct Answer:

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