Refer to Scenario 19

question 86

Multiple Choice

Refer to Scenario 19.2 below to answer the questions that follow.
SCENARIO 19.2: The current lowest cost method of producing brown paper bags is $5.00 per 100 bags. The government imposes a $0.50 tax per unit of labor. After the tax is imposed, paper bag producers will use two units of labor to produce 100 paper bags. This increases the cost of paper-bag production to $6.50 per 100 bags.
-Refer to Scenario 19.2. If 1,000 paper bags are sold, the total tax revenue collected is

• A) $10.00.
• B) $50.00.
• C) $250.00.
• D) $500.00.

---

Definitions:

Learning

The process of acquiring through experience new and relatively enduring information or behaviors.

Retrieval

The process of getting information out of memory storage.

Memory

The persistence of learning over time through the encoding, storage, and retrieval of information.

Echoic Memory

A momentary sensory memory of auditory stimuli; if attention is elsewhere, sounds and words can still be recalled within 3 or 4 seconds.