Use the Following to Answer Question

question 88

Multiple Choice

Use the following to answer question:
-(Figure: The Shrimp Market) Use Figure: The Shrimp Market.If the government wants to limit shrimp sales to 500 pounds,it can impose a _____ excise tax on sellers,and the total tax revenue generated will be _____.

• A)$5;$2,500
• B)$7.50;$7,500
• C)$10;$2,500
• D)The answer cannot be determined from the information provided.