What is the government's revenue collected from the $20 sales tax on each yellow bell pepper? Enter the dollar value in the blank below. Repeating the table for convenience: Price Q. Demanded Q. Supplied $ 20 120 0 110 10 100 20 90 80 70 60 50 40 30 20 10 0 $25 $30 $35 $40 $45 $50 Table 1: Table $ 55 $60 $65 $70 $75 $80 30 40 50 60 70 80 90 100 110 120
What is the government's revenue collected from the $20 sales tax on each yellow bell pepper? Enter the dollar value in the blank below. Repeating the table for convenience: Price Q. Demanded Q. Supplied $ 20 120 0 110 10 100 20 90 80 70 60 50 40 30 20 10 0 $25 $30 $35 $40 $45 $50 Table 1: Table $ 55 $60 $65 $70 $75 $80 30 40 50 60 70 80 90 100 110 120
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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