h. Again, assume we are back to four apartments and all of the original renters. The city council of Storrs is considering applying a tax on apartments. It would be most efficient for them to apply the tax directly to renters. However, they are concerned about causing a financial burden to the relatively low income population of renters. What would happen to equilibrium price if they applied a $5 tax? As a consultant, would you advise the city council that their concerns about causing a financial burden to renters are well founded? Would you instead recommend that they apply the tax directly to landlords? Why or why not