Figure 10-13

question 516

Multiple Choice

Figure 10-13. On the graph, Q represents the quantity of plastics and P represents the price of plastics.
-Refer to Figure 10-13. If the government imposed a corrective tax that successfully moved the market from the market equilibrium to the social optimum, then tax revenue for the government would amount to

• A)$1,250.
• B)$1,600.
• C)$2,000.
• D)$2,500.