Suppose a monopoly faces the elasticity-constant inverse demand curve p = Q m| - and has a constant marginal cost of m per unit. The government imposes a tax of t per unit. What is the incidence of the tax on consumers? The incidence of the tax on consumers is |. (Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a fraction can be created with the / character.) i Definition - X The incidence of a tax on consumers is the share of the tax that falls on consumers. The incidence of a tax that falls on consumers is ap the amount by which the price to consumers rises as a fraction of the amount the tax increases. Print Done