-The above figure shows supply and demand curves for milk.If the government passes a $2 per gallon specific tax,the tax revenue is
A) $2 ∗ Q₁.
B) $2 ∗ Q₂.
C) $2 ∗ (Q₂ - Q₁).
D) $2.

Question

-The above figure shows supply and demand curves for milk.If the government passes a $2 per gallon specific tax,the tax revenue is
A) $2 ∗ Q₁. 
B) $2 ∗ Q₂. 
C) $2 ∗ (Q₂ - Q₁). 
D) $2.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows supply and demand curves for milk.If the government passes a $2 per gallon specific tax,the tax revenue is
A) $2 ∗ Q₁. 
B) $2 ∗ Q₂. 
C) $2 ∗ (Q₂ - Q₁). 
D) $2.

-The Above Figure Shows Supply and Demand Curves for Milk