Figure 8-6

-Refer to Figure 8-6.What would the benefits to the government (total tax revenue) be
A)$80
B)$100
C)$120
D)$150

Name: Figure 8-6 -Refer to Figure 8-6.What would the benefits to the government (total tax revenue) be A)$80 B)$100 C)$120 D)$150
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Question

Figure 8-6
 
-Refer to Figure 8-6.What would the benefits to the government (total tax revenue) be
A)$80 
B)$100 
C)$120 
D)$150

Quizplus · Accepted Answer

The total tax revenue for the government can be calculated by multiplying the quantity of units sold (300) by the tax per unit ($0.40) which results in $120. None of the other choices accurately reflect the total tax revenue.

Figure 8-6 -Refer to Figure 8-6.What Would the Benefits to the Government