Suppose a $5 tax is imposed on sellers in the market shown in the graph. Which of the following statements is true?Producers bear more of the tax burden than consumers.The tax-inclusive price (or after-tax price)received by sellers is $8.The deadweight loss is $15,000.

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The Answer of  Suppose a $5 tax is imposed on sellers in the market shown in the graph. Which of the following statements is true?Producers bear more of the tax burden than consumers.The tax-inclusive price (or after-tax price)received by sellers is $8.The deadweight loss is $15,000.

Suppose a $5 Tax Is Imposed on Sellers in the Market