Figure 18-2 -Figure 18-2 Shows the Widget Market Before and After an and After

question 179

Multiple Choice

Figure 18-2
-Figure 18-2 shows the widget market before and after an excise tax is imposed.The revenue collected by the tax is ____.

• A)$8,000
• B)$50,000
• C)$100,000
• D)$150,000

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Definitions:

Health Care Benefits

Advantages or coverage provided by insurance or employers that contribute to the cost of medical care and services.

Major Reduction

A significant decrease or cutback in size, amount, or strength of something.

Indirect Strategy

A communication approach that presents the main message after providing explanations, justifications, or background information.

Social Media

Social media encompasses digital platforms and technologies that enable users to create, share content, and participate in social networking.