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Author Question: The figure illustrates the market for posters. The tax on a poster is ________ and the government's ... (Read 111 times)

captainjonesify

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on: Jun 29, 2018
The figure illustrates the market for posters. The tax on a poster is ________ and the government's tax revenue from the sale of posters is ________ a month.
 
  A) 0.50; 150
  B) 0.35; 105
  C) 0.35; 200
  D) 0.35; 140

Question 2

The figure above shows Sam's budget line. The vertical intercept of Sam's budget line is equal to
 
  A) the quantity of coffee purchased if zero gasoline is purchased.
  B) Pc/Y.
  C) the quantity of gasoline purchased if zero coffee is purchased.
  D) Pg/Y.


katieost

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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