Part two: The effect of the tax on the quantity sold would have been the same as if the tax had been levied on producers. (True or False)

5. Calculating tax incidence Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 20 million bottles of wine were sold every month at a price of $5 per bottle. After the tax, 14 million bottles of wine are sold every month; consumers pay $8 per bottle (including the tax), and producers receive $2 per bottle. The amount of the tax on a bottle of wine is burden that falls on producers is$ per bottle. Of this amount, the burden that falls on consumers is $ per bottle, and the per bottle