Suppose the government is considering imposing a tax in one of the markets shown in graphs I, II, III, and IV. 
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If the government's goal is to raise as much revenue as possible while minimizing deadweight loss, it should impose the tax in the market in which graph?
Definitions:
Net Income
Total income of the company after expenses, taxes, and any other costs are deducted from its revenue.
Preferred Dividends
Dividends that are paid to preferred shareholders at a fixed rate before any dividends are paid to common shareholders.
Earnings Per Share
A measure of a company's profitability calculated by dividing net income by the number of outstanding shares of its common stock.
Net Income
The total profit of a company after all expenses, including taxes and operating expenses, have been deducted from total revenue.
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