5. Calculating tax incidence Suppose that the local government of Columbus decides to institute a tax on cider consumers. Before the tax, 50 million cases of cider were sold every month at a price of $9 per case. After the tax, 44 million cases of cider are sold every month; consumers pay 14 per case (including the tax), and producers receive $4 per case. The amount of the tax on a case of cider is per case. Of this amount, the burden that falls on consumers is per case, and the burden that falls on producers is per case, True or False: The effect of the tax on the quantity sold would have been smaller if the tax had been levied on producers. O True ) False