(Figure: Tax on Gasoline) Use Figure: Tax on Gasoline. If a tax on gasoline of $1.10 per gallon is imposed, the price paid by consumers will:
A)rise by $1.10.
B)rise by $1.33.
C)not rise.
D)rise by $0.50.

Question

(Figure: Tax on Gasoline) Use Figure: Tax on Gasoline. If a tax on gasoline of $1.10 per gallon is imposed, the price paid by consumers will: 
A)rise by $1.10. 
B)rise by $1.33. 
C)not rise. 
D)rise by $0.50.

Quizplus · Accepted Answer

The Answer of (Figure: Tax on Gasoline) Use Figure: Tax on Gasoline. If a tax on gasoline of $1.10 per gallon is imposed, the price paid by consumers will: 
A)rise by $1.10. 
B)rise by $1.33. 
C)not rise. 
D)rise by $0.50.