Exhibit 19-6 ​ Refer to Exhibit 19-6. Suppose the Three Equilibrium Quantities Are

question 81

Multiple Choice

Exhibit 19-6 ​

Refer to Exhibit 19-6. Suppose the three equilibrium quantities are 700, 800, and 900, and the two equilibrium prices are $2.20 and $2.75. What is the tax revenue collected from the tax that shifted S₁ to S₂ when D₁ is the relevant demand curve?

• A)$440
• B)$600
• C)$800
• D)$900

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