Refer to the graph shown. Initially, the market is in equilibrium with price equal to $12 and quantity equal to 140. As a result of a per-unit tax imposed by the government, the supply curve shifts from S₀ to S₁. The effect of the tax is to: A) raise the price consumers pay from $12 to $14. B) lower the price consumers pay from $14 to $12. C) raise the price sellers keep after paying the tax from $12 to $14. D) lower the price sellers keep after paying the tax from $14 to $12.

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The Answer of Refer to the graph shown. Initially, the market is in equilibrium with price equal to $12 and quantity equal to 140. As a result of a per-unit tax imposed by the government, the supply curve shifts from S₀ to S₁. The effect of the tax is to: A) raise the price consumers pay from $12 to $14. B) lower the price consumers pay from $14 to $12. C) raise the price sellers keep after paying the tax from $12 to $14. D) lower the price sellers keep after paying the tax from $14 to $12.

Refer to the Graph Shown