Use the Following to Answer Questions

question 27

Multiple Choice

Use the following to answer questions:
Figure: Commodity Tax on Suppliers
-(Figure: Commodity Tax on Suppliers) Refer to the figure. If a tax shifts the supply curve from S₁ to S₂, tax revenue is:

• A) $3,600.
• B) $2,700.
• C) $1,800.
• D) $1,000.

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Definitions:

Newspaper Advertising

The process of placing commercials in newspapers to promote products, services, or events to its readership.

Magazine

A publication with a variety of articles, photos, and advertisements, typically focused on a particular subject or interest area, and released periodically.

Internet

A global network of interconnected computers and servers that allows for the exchange of data and information across vast distances.

Direct Mail

A marketing technique that involves sending promotional materials or advertisements through postal mail directly to potential customers.