The diagram below shows supply and demand diagrams (S and D)for some product.The government then imposes an excise tax.The new supply curve is . FIGURE 18-4
-Refer to Figure 18-4.What is the producers' net revenue after the imposition of the tax?
A)$450
B)$500
C)$540
D)$600
E)$630

Question

The diagram below shows supply and demand diagrams (S and D)for some product.The government then imposes an excise tax.The new supply curve is  .  FIGURE 18-4
-Refer to Figure 18-4.What is the producers' net revenue after the imposition of the tax?
A)$450 
B)$500 
C)$540 
D)$600 
E)$630

Quizplus · Accepted Answer

The producers' net revenue after the imposition of the tax is calculated by subtracting the tax amount from the total revenue. Based on the given options, $450 is the correct net revenue after accounting for the tax.

The Diagram Below Shows Supply and Demand Diagrams (S and D)for