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Attempts Keep the Highest / 2 5. Calculating tax incidence Suppose that the local government of Columbus decides to institute a tax on cider producers.

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Attempts Keep the Highest / 2 5. Calculating tax incidence Suppose that the local government of Columbus decides to institute a tax on cider producers. Before the tax, 15 million cases of cider were sold every month at a price of $9 per case. After the tax, 9 million cases of cider are sold every month; consumers pay $12 per case, and producers receive $5 per case (after paying the tax). 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 larger if the tax had been levied on consumers. True False Grade It Now Save & Continue Continue without saving MacBook Air - O * CO

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