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The Graph Shows the Supply Curve for a Product Before

Question 298

Multiple Choice

The graph shows the supply curve for a product before tax ( S ₀ ) and after an excise tax is imposed ( S ₁) . If 500 units of the product are sold after the tax is imposed, the amount of tax revenue going to the government is A) $125. B) $250. C) $375. D) $500. The graph shows the supply curve for a product before tax ( S ₀ ) and after an excise tax is imposed ( S ₁) . If 500 units of the product are sold after the tax is imposed, the amount of tax revenue going to the government is


A) $125.
B) $250.
C) $375.
D) $500.

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