(Figure: Tax on Consumers of Gadgets) Refer to the figure.What is the tax revenue that the government collects from thetax on gadgets?

Name: (Figure: Tax on Consumers of Gadgets) Refer to the figure.What is the tax revenue that the government collects from thetax on gadgets?
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Question

Quizplus · Accepted Answer

The tax is $4 per gadget and 800 gadgets are sold, so the total tax revenue is 4 x 800 = $3,200. Therefore, B is the correct answer.

(Figure: Tax on Consumers of Gadgets) Refer to the Figure