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proving to moorer quest Question For 25 7 Question 1 4 points Save Answer Assume that the graph below reflects the market for pack of

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proving to moorer quest Question For 25 7 Question 1 4 points Save Answer Assume that the graph below reflects the market for pack of cigarettes in Virginia. The vertical axis is the price of a pack of cigarettes and the horizontal axis is the packs of cigarettes in thousands. 10 20 30 40 50 60 50 90 100 120 120 If the state of Virginia imposes a $3 sales tax on a pack of cigarettes and as a result, consumers pay $7 for a pack of cigarettes, then the state will take in $240,000 in tax revenue and consumers will pay 67 percent of the tax. the state will take in $120,000 in tax revenue and consumers will pay 33 percent of the tax. the state will take in $240,000 in tax revenue and consumers will pay 33 percent of the tax. the state will take in $120,000 in tax revenue and consumers will pay 67 percent of the tax. MacBook Air esc 80

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