After a 3 per-unit tax on seeing movies in theaters is imposed, ...

[jeatrice]

After a 3 per-unit tax on seeing movies in theaters is imposed, attendance falls from 4,000 a week to 3,000 a week. The revenue from the tax is
 
  A) less than 9,000 a week.
  B) 9,000 a week.
  C) between 9,000 a week and 12,000 a week.
  D) some amount that cannot be calculated without more information.

Question 2

The table above shows the demand and costs for a single-price monopolist. When it maximizes its profit, the firm makes an economic profit of
 
  A) 15.
  B) 25.
  C) 40.
  D) 45.

[parshano]

Answer to Question 1

B

Answer to Question 2

A

[jeatrice]

Thank you

[parshano]

Happy to help you