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-The Table Gives the Demand and Supply Schedules for Cookies

Question 241

Multiple Choice

-The table gives the demand and supply schedules for cookies. The government now levies a $0.30 tax on cookies. As a result, the price of a packet of cookies increases by ________ and the tax revenue collected is ________ a week. A) $0.20; $24 B) $0.10; $9 C) $0.20; $20 D) $0.30; $30
-The table gives the demand and supply schedules for cookies. The government now levies a $0.30 tax on cookies. As a result, the price of a packet of cookies increases by ________ and the tax revenue collected is ________ a week.


A) $0.20; $24
B) $0.10; $9
C) $0.20; $20
D) $0.30; $30

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