Suppose that the U.S. government decides to charge beer consumers a tax. Before the tax, 20 million cases of beer were sold every month at a price of $4 per case. After the tax, 14 million cases of beer are sold every month; consumers pay $5 per case (including the tax), and producers receive $1 per case. The amount of the tax on a case of beer is_______per case. Of this amount, the burden that falls on consumers is_______per case, and the burden that falls on producers is_____per case.

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A: Tax rate:For first 10,000=0%10000-30000=10%30000-50000=20%50000-80000=30%80000 and above=40%

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Q: Suppose the federal government requires beer drinkers to pay a $2 tax on each case of beer…

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Q: Suppose the federal government requires beer drinkers to pay a $2 tax on each case of beer…

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