Use the Following to Answer Question

question 265

Multiple Choice

Use the following to answer question:
-(Figure: The Market for Hamburgers) Use Figure: The Market for Hamburgers.If the market is originally in equilibrium and the government imposes an excise tax of $0.80 per unit of the good sold,the government's revenue from the tax will be:

• A)$175.
• B)$240.
• C)$105.
• D)$90.

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Definitions:

Organic Reactions

Chemical reactions involving organic compounds, which are mainly composed of carbon atoms along with hydrogen, oxygen, nitrogen, and other elements.

Solvent

A substance capable of dissolving other substances (solutes) to form a solution, often used in chemical processes and industries.

Acetylene

The simplest alkyne, a hydrocarbon with carbon-carbon triple bonds, used as a fuel and a building block in chemical synthesis.

Ethene

A colorless flammable gas (C2H4), the simplest alkene, acting as a fundamental building block in the petrochemical industry.