Figure 4-21
Refer to Figure 4-21. How much tax revenue does this tax produce for the government?
A) $480
B) $600
C) $800
D) $1,080

Name: Figure 4-21 Refer to Figure 4-21. How much tax revenue does this tax produce for the government? A) $480 B) $600 C) $800 D) $1,080
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Question

Figure 4-21 
Refer to Figure 4-21. How much tax revenue does this tax produce for the government?
A) $480 
B) $600 
C) $800 
D) $1,080

Quizplus · Accepted Answer

The tax revenue can be calculated by multiplying the quantity of the good sold (60 units) by the amount of tax imposed per unit ($10). 
Tax revenue = 60 x $10 = $600. Therefore, the correct option is B.

Figure 4-21 Refer to Figure 4-21. How Much Tax Revenue Does This