Use the Figure Below to Answer the Following Question(s)

question 37

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 4-9
-Refer to Figure 4-9. The market for gasoline was initially in equilibrium at point b and a $.40 excise tax is illustrated. How much revenue would the $.40 gasoline tax raise?

• A) $18 million
• B) $36 million
• C) $72 million
• D) $100 million

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Definitions:

Cathexis

An investment of psychic energy in an object or person.

Major Themes

The primary or central subjects, ideas, or concepts around which a piece of work, discussion, or thought is based or revolves.

Death

The permanent cessation of all biological functions that sustain a living organism, marking the end of its life.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.