Assume that PO = $30, P1 = $40, P2 = 50$, P3 = $60, P4 = $55, Q1 = 20 and Q2 = 40. P3 P2 D P1 PO Q1 Q2 Q Assume the government decides to impose a $20 excise tax on this product. (If you're stuck try graphing it on a piece of paper) The buyers will pay $ on 1 unit but the producers will only receive $ on each unit sold. On each unit sold the government will receive $ The total amount of the tax paid by the buyers is $ and the total amount of the tax paid by the sellers is $ The government will receive $ In tax revenue