1. Calculating tax incidence Suppose that the US. government decides to charge wine producers a tax. Before the tax, 45,000 bottles of wine were sold everyr week at a price of $7 per bottle. After the taxJr 40,000 bottles of wine are sold everyr week; consumers pay $9 per bottle, and producers receive $6 per bottle (after paying the tax). The amount of the tax on a bottle of wine is El per bottle. Of this amount, the burden that falls on consumers is per bottle, and the burden that falls on producers is per bottle. True or False: The effect of the tax on the quantityr sold would have been smaller if the tax had been levied on consumers. 0 True 0 False