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omaralnatour omaralnatour
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A year ago

The diagram below shows supply and demand before (S and D) and after (ST) the government imposes an excise tax.



FIGURE 18-5

Refer to Figure 18-5. Producers' total revenue before the excise tax is introduced is equal to



▸ $432 000.

▸ $294 000.

▸ $138 000.

▸ $84 000.

▸ $12 000.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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fujiokifujioki
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A year ago
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