toment Attempts: Keep the Highest: 12 5. Calculating tax incidence Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 30 billion bottles of wine were sold every year at a price of $7 per bottle. After the tax, 24 billion bottles of wine are sold every year: consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax) per bottle of this amount the burden that falls on consumers is per bottle, and the The amount of the tax on a bottle of wine is burden that falls on producers is per bottle True or False: The effect of the tax on the quantity sold would have been the same as if the tax had been levied on consumers. O True False