Figure 18-2 Figure 18-2 shows a demand curve and two sets of supply curves, one set more elastic than the other. -Refer to Figure 18-2. If the government imposes an excise tax of $1.00 on every unit sold, the government's revenue from the tax is represented by the area A) (P_aP_c× Q_a) if the supply curve is S₀ and (P_bP_c× Q_b) if the supply curve is S₁. B) (P_aP_d× Q_a) if the supply curve is S₀ and (P_bP_e× Q_b) if the supply curve is S₁. C) (P_aP_e × Q_a) under either supply curve. D) (P_bP_e × Q_b) under either supply curve.

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The Answer of Figure 18-2 Figure 18-2 shows a demand curve and two sets of supply curves, one set more elastic than the other. -Refer to Figure 18-2. If the government imposes an excise tax of $1.00 on every unit sold, the government's revenue from the tax is represented by the area A) (P_aP_c× Q_a) if the supply curve is S₀ and (P_bP_c× Q_b) if the supply curve is S₁. B) (P_aP_d× Q_a) if the supply curve is S₀ and (P_bP_e× Q_b) if the supply curve is S₁. C) (P_aP_e × Q_a) under either supply curve. D) (P_bP_e × Q_b) under either supply curve.

Figure 18-2 Figure 18-2 Shows a Demand Curve and Two