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borteleto borteleto
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Posts: 2477
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6 years ago
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.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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