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The market for skateboards currently has no taxes. The equilibrium quantity is 5,000 per month, and the equilibrium price is $40. The governor is considering

The market for skateboards currently has no taxes. The equilibrium quantity is 5,000 per month, and the equilibrium price is $40. The governor is considering placing a $10 per skateboard tax on skateboard producers, and expects to raise $50,000 per month in revenue. Is the governor correct? multiple choice No, because the quantity produced and consumed will fall below 5,000/month once the tax is imposed. No, because it doesn't matter whether the consumer or producer is taxed. Yes, because 5,000 $10 = $50,000. Yes, because producer and consumer responses will cancel out

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