5. Calculating tax incidence Suppose that the U.S. government decides to charge cola consumers a tax. Before the tax, 40 billion cases of cola were sold every year at a price of $6 per case. After the tax, 35 billion cases of cola are sold every year, consumers pay $8 per case (including the tax), and producers receive $5 per case per case, and the The amount of the tax on a case of cola is $ per case of this amount, the burden that falls on consumers is $ 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. True O False