Below is the demand and supply schedules for coffee at 7-Eleven. If the tax of 30 cents is now imposed, what is the tax per unit borne by consumers and producers? Price of Coffee before Tax Quantity Supplied Quantity Demanded (cents) (Units) (Units)
90 200 100 80 180 120 70 160 130 60 140 140 50 120 160 40 90 190
a. 15 cents by consumers and 20 cents by producers. b. 5 cents by consumers and 25 cents by producers. c. 20 cents by consumers and 10 cents by producers. d. 10 cents by consumers and 20 cents by producers.