5. Calculating tax incidence Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 15 million bottles of wine were sold every month at a price of $5 per bottle. After the tax, 8 million bottles of wine are sold every month; consumers pay $6 per bottle, and producers receive $3 per bottle (after paying the tax) per bottle, and the The amount of the tax on a bottle of wine is $ per bottle of this amount, the burden that falls on consumers is $ burden that falls on producers is 5 per bottle. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers, True False Grade It Now Save & Continue Continue without saving