I will give a good rating!

1. True or False: A tax on the production of Good X always has the same impact as an equivalent tax on consumers of Good X because the tax creates a wedge between the price that consumers pay and the price that producers receive. All points will be awarded based on your explanation. Feel free to use a diagram to show your answer.

[Note: A statement can be false because a part of the statement is false or because the logic connecting parts of the statement is incorrect.]