Use the figure below to answer the following questions. 
Figure 6.3.3
-Refer to Figure 6.3.3.Suppose a tax of $1 is imposed.In which market would tax revenue be the lowest?
Definitions:
Legal Agent
A person authorized to act on behalf of another person or entity in legal or financial matters.
Payment
The transfer of money or goods from one party to another as compensation for receiving goods, services, or to fulfill a legal obligation.
Acceptance of Goods
The act of receiving a product or service and agreeing that it meets the contractual specifications and requirements.
Environmentally Preferable Purchasing (EPP) Program
A procurement policy that emphasizes buying products and services with a reduced environmental impact.
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