The Graph Shown Demonstrates a Tax on Sellers

question 150

Multiple Choice

The graph shown demonstrates a tax on sellers.Once the tax has been imposed,the sellers produce ____ units and receive _____ for each one sold.

• A) 15; $16
• B) 15; $6
• C) 31; $9
• D) 31; $19

---

Definitions:

Interest

The amount paid for the use of borrowed money, usually expressed as a percentage of the principal.

Investment

The action of allocating resources, usually money, with the expectation of generating an income or profit.

Quarter

One fourth of a given quantity, often referring to a quarter of a year or a quarter of an hour (15 minutes).

Percent Decrease

A measure of how much a quantity has decreased in percentage terms compared to its previous value.