A-LevelEconomicsGovernment microeconomic intervention9708/12 · Oct/Nov 2021 · Q71 Mark

The market for mobile phones is initially in equilibrium at X. The government then imposes a sales tax. What is the government's total tax revenue from this tax?

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Topic: Government microeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2021 Paper 1 Variant 2, question 7.

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The market for mobile phones is initially in equilibrium at X. The government then imposes a sales tax. What is the government's total tax revenue from this tax?

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