Suppose that a market is initially in equilibrium.The initial demand curve is The initial supply curve is Suppose that the government imposes a $3 tax on this market.What are the government receipts from the tax?
A) $90.
B) $87.
C) $45.
D) $43.50.

Question

Suppose that a market is initially in equilibrium.The initial demand curve is  The initial supply curve is  Suppose that the government imposes a $3 tax on this market.What are the government receipts from the tax?
A) $90. 
B) $87. 
C) $45. 
D) $43.50.

Quizplus · Accepted Answer

The Answer of Suppose that a market is initially in equilibrium.The initial demand curve is  The initial supply curve is  Suppose that the government imposes a $3 tax on this market.What are the government receipts from the tax?
A) $90. 
B) $87. 
C) $45. 
D) $43.50.

Suppose That a Market Is Initially in Equilibrium