Figure 7-1 350 300 250 + 200+ 150+ 100+ 50+ Demand N - 5 23. Refer to Figure 7-1. The value of the good to consumers minus the cost of the good to consumers amounts to $325 if the price of the good is a. $200 b. $150 c. $125 d. $100 24. Senator Jackson argues that replacing the federal income tax with a national sales tax would increase the level of output. Senator Feldman objects that this policy would benefit the rich at the expense of the poor. a. Both senators' arguments are primarily about equality. b. Both senators' arguments are primarily about efficiency. C. Senator Jackson's argument is primarily about equality, while Senator Feldman's argument is primarily about efficiency. d. Senator Jackson's argument is primarily about efficiency, while Senator Feldman's argument is primarily about equality