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In the market for tablets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping...

In the market for tablets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for tablets is 250 per month when there is no tax. Then a tax of $5 per tablet is imposed. As a result, the government is able to raise $800 per month in tax revenue. We can conclude that the equilibrium quantity of tablets has fallen by


130 per month


80 per month


160 per month


90 per month


60 per month

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