Question

A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the fee) to S2 (with the fee). The fee is based on number of units sold and therefore works like a per-item tax paid by sellers. Use the area tool to draw the area representing the state's monthly revenue from the licensing fee for this one type of device.

Answer 1

Answer: hello your question is incomplete attached below is the complete question

answer ; Government revenue from tax = $750,000 per month

Step-by-step explanation:

Attached below is the required graph

Government revenue from tax ( per month )

= ( 450 - 30 ) ( 50 - 0 )

= $750,000 per month