Refer to the Above Data

question 140

Multiple Choice

Refer to the above data.If government levies a per-unit excise tax of $1 on suppliers of this product,equilibrium price and quantity will be:

• A) $9 and 3,000.
• B) $7.50 and 2,250.
• C) $8.50 and 2,250.
• D) $7 and 3,000.