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suppose the government imposes an excise tax on gas which is levied on producers. Compare the price after tax paid by consumers with the price

suppose the government imposes an excise tax on gas which is levied on producers. Compare the price after tax paid by consumers with the price after tax received by suppliers.

a. the price paid by consumers is higher than the price after tax received by suppliers

b. the price paid by consumers is lower than the price after tax received by suppliers

c. the price paid by consumers is the same

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