Figure: The Shrimp Market
(Figure: The Shrimp Market) Look at the figure The Shrimp Market.If the government wants to limit shrimp sales to 250 pounds, it can impose a excise tax on sellers, and the total
tax revenue generated will be _.
A.$5; $2,500
B.$7.50; $7,500
C.$10; $2,500
D.The answer cannot be determined from the information provided.
Correct Answer:
Verified
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