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Question 8 1 pts In a perfectly competitive market, the inverse demand function for apples is defined by the equation p = 214 - 5q,

Question 8 1 pts In a perfectly competitive market, the inverse demand function for apples is defined by the equation p = 214 - 5q, where q is the number of units sold. The inverse supply function is defined by p = 7 + 4q. A tax of $36 is imposed on suppliers for each unit of apples that they sell. How much tax revenue is generated? O 648 O 756 O 720 O 684

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