Question

Every month, 30 million liters of soda are sold at a price of $11 per liter. After tax, consumers pay $14 per liter and producers receive $6 per liter. What is the tax per liter?

1) $3
2) $5
3) $8
4) $10

Answer 1

The tax per liter is $8.

Step-by-step explanation:

To find the tax per liter, we need to calculate the difference between the price paid by consumers and the price received by producers. Given that consumers pay $14 per liter and producers receive $6 per liter, the tax per liter can be calculated as:

Tax per liter = Price paid by consumers - Price received by producers = $14 - $6 = $8

So, the tax per liter is $8.