-The figure above shows the market for tires.According to the figure,the government collects ________ per month in total tax revenue.
A) $600 million
B) $1,200 million
C) $2,000 million
D) $900 million
E) None of the above answers is correct.

Question

-The figure above shows the market for tires.According to the figure,the government collects ________ per month in total tax revenue.
A) $600 million 
B) $1,200 million 
C) $2,000 million 
D) $900 million 
E) None of the above answers is correct.

Quizplus · Accepted Answer

The government collects $600 million per month in total tax revenue. This is because the tax is $300 per tire, and 2 million tires are sold each month.

-The Figure Above Shows the Market for Tires