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.
Correct Answer:
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Figure: Deadweight
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Figure: Deadweight
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Figure: Taxes
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